Private Equity 3d Briefing
×Deal Activity
Francisco Partners pehub.com completed a $2.2 billion take-private of Jamf, expanding its portfolio in enterprise software. Blackstone pehub.com is positioning Liftoff Mobile for an IPO as part of its growth strategy. Serent pehub.com invested in health tech firm Saisystems to accelerate its technology roadmap. Greenbelt-backed Saber Power pehub.com acquired Bounds Construction to strengthen its electrical power system services. Littlejohn pehub.com invested in power infrastructure consulting firm GDS Associates, with GDS president David Brian continuing to lead the company.
Fundraising & Investment
EQT, Eurazeo, and Atomico pe-insights.com were shortlisted to manage the European Union's planned €5 billion technology investment fund. Blackstone and Ares pe-insights.com deployed $5 billion in private credit financing for a Thoma Bravo logistics deal. GCM Grosvenor pehub.com backed the launch of new PE firm Torch Key, focused on food and beverage and industrial products sectors. Maven pehub.com announced planned leadership succession as part of its strategic planning. Springcoast pehub.com led a $180 million investment in commerce and logistics firm Cart.com, joining existing investors PayPal Ventures and Arsenal Growth Equity.
Sector-Specific Moves
Astorg, EQT, TA Associates, and New Mountain Capital pehub.com are active in the pharmaceutical ingredients sector, with Astorg's portfolio company Solabia acquiring three complementary businesses. Main Capital Partners pehub.com acquired a majority stake in Swedish manufacturing software platform Good Solutions. Waterland Private Equity pe-insights.com acquired a majority stake in Palletways, backing one of Europe's largest pallet distribution platforms. Tributary Group pehub.com invested in regulatory software company Softworks Group, with founder and CEO Tim Edlund continuing to lead the business.
Exits & Portfolio Moves
Mutares pe-insights.com exited its €100 million logistics platform in Time Group to Tawin Holdings. BlackPeak pehub.com sold its stake in eu Shipments.com to Austrian Post, an e-commerce logistics and fulfillment provider. Cutting Edge Group pehub.com added Emmy Award-winning composer John Paesano's catalog to its portfolio, now valued at over $1 billion. Pike Street-backed US BioTek pehub.com merged with Nutri Path Pathology, combining functional laboratory services.
Emerging Firms & Strategies
New PE firm Synergy Sports Capital pehub.com debuted with a focus on the lower middle market. Abry Partners CEO CJ Brucato pehub.com outlined why the lower mid-market is particularly attractive in current conditions. Kohlberg-backed Riveron pehub.com invested in AI and data tech firm Cuesta Partners to enhance its service offerings. JLL Partners-backed surface science tech platform Talica pehub.com launched, serving facilities, manufacturers, and prime contractors in highly regulated industries.
Secondaries & Continuation Vehicles
Hamilton Lane and Ardian pe-insights.com backed Latour's first continuation fund for Gutor, marking a significant GP-led deal. Apollo S3 secondariesinvestor.com indicated it would continue building its secondaries platform via organic growth rather than acquisitions. Bridgepoint secondariesinvestor.com eyed further secondaries growth as its Newbury team came on board, with both Bridgepoint and Bridgepoint Newbury expecting to launch their next flagship secondaries fund in 2026. Carlyle's Steve Wise pehub.com noted that tariffs have become the number one risk factor in investment theses.
Regional & Market Trends
Peak Rock pehub.com agreed to sell Spatial Business Systems to Blackstone-backed Enverus, an energy data analytics platform. Fulcrum Capital Partners pehub.com invested in the growth of Glass Masters Autoglass, led by president and CEO Roger Tulk. SeaFort Capital pehub.com acquired a majority stake in doors supplier Allmar, with Roynat Equity Partners investing alongside as a co-investor. Lee Equity pehub.com acquired consulting firm KCIC, which specializes in helping corporate clients manage high-value tort-system liabilities.
Technology & Innovation
Science Corp. news.crunchbase.com, a biotech startup founded by Neuralink alumni, raised $230 million in Series C funding for brain-computer interface technologies. City Detect techcrunch.com, which uses AI to help cities stay safe and clean, raised $13 million in Series A funding and operates in at least 17 cities including Dallas and Miami. Eight Sleep news.crunchbase.com raised $50 million at a $1.5 billion valuation to expand into predictive, AI-driven health solutions. Quantum scaleup Pasqal sifted.eu announced plans to go public at a $2 billion valuation.
Strategic Reviews & Potential Sales
Searchlight-backed Roots Corp. pe-insights.com launched a strategic review that could lead to a sale, with shares trading near $2.35. Braemont-backed Royal Cup pehub.com agreed to take Farmer Brothers Coffee private in a consolidation move. Greenbriar-backed West Star Aviation pehub.com acquired aircraft maintenance firm DCJet to expand its MRO services for business aviation. Trinity Hunt pehub.com invested in Berger Consulting Group, which serves over 100 law firm clients.
Leadership & Industry Insights
BC Partners' Nikos Stathopoulos pehub.com identified tariffs as the primary risk factor affecting investment theses. PJT Partners' Adrian Millan secondariesinvestor.com suggested 2026 should set another record for the secondaries market despite macro uncertainty. William Blair's Stuiver secondariesinvestor.com noted that LPs are not waiting on the promise of distributions, with opportunistic LPs expected to enter the market as pricing increases. Cutting Edge's Tim Hegarty pehub.com emphasized that consumer data and studio alignment are key in music deal sourcing.