Private Equity 3d Briefing
×Vascular Access & Healthcare
Riverglade-backed Dynamic Access acquired pehub.com vascular access services provider Picc Stat pehub.com, while Chicago Pacific Founders invested pehub.com in healthcare benefits management firm Nexben pehub.com. These deals highlight continued private equity interest in specialized healthcare services.
AI and Tech Investment
Breakout Ventures raised techcrunch.com a $114 million fund to back AI science startups, reflecting growing investor enthusiasm. Furthermore, Swedish legal tech startup Legora news.crunchbase.com tripled its valuation to $5.55 billion with a $550 million Series D led by Accel, demonstrating the rapid growth in AI-driven solutions. Rebar news.crunchbase.com, an AI quote system for HVAC suppliers, secured $14 million news.crunchbase.com in a Series A round.
Unicorns and Venture Capital
The market continues to mint new unicorns with almost 40 new unicorns techcrunch.com emerging this year. Entrepreneurs First sifted.eu was crowned a unicorn following a $200 million fundraise. Meanwhile, Khosla Ventures' partner Ethan Choi news.crunchbase.com discussed AI's impact on job markets and investment strategies, and Founders Fund nears techcrunch.com a $6 billion close for its latest growth fund.
Mega-Funds and Market Trends
The venture capital landscape sees the return of mega-funds techcrunch.com, with General Catalyst techcrunch.com and Spark Capital techcrunch.com reportedly raising billions. CVC saw a record year privateequityinternational.com of exits with €21.9 billion realized in 2025. According to Hamilton Lane privateequityinternational.com, early analysis of evergreen funds shows they outperform closed-end peers, and Ardian's Ava Mallin noted secondariesinvestor.com that the secondaries market remains undercapitalized, even with the influx of private wealth capital.
Secondaries Market Activity
EQT led a $5.5 billion pe-insights.com Galderma share sale, marking a record Swiss secondary exit. CPP Investments secondariesinvestor.com is coming to market with a multi-billion-dollar PE portfolio, and Lindsay Goldberg secondariesinvestor.com is expanding into the secondaries market. A&M Capital's Weisberg secondariesinvestor.com focuses on mid-market deals in the secondaries market, and StepStone’s Matt Roche secondariesinvestor.com emphasized the importance of DPI in evaluating deals.
Private Equity Deals and Acquisitions
Monomoy agreed to buy pehub.com Jiffy Lube from Shell in a $1.3 billion deal, and Brookfield explores acquiring pe-insights.com World Freight Company for $1.3 billion. AE Industrial’s AIM MRO bought pehub.com AA Bushings, marking its fourth add-on acquisition since investment. Chimney Rock bought pehub.com Gas Clip Technologies, and Hyperion’s Ranger bought pehub.com Mark One Safety Solutions. Altamont Capital Partners invested pehub.com in Key Container, and LDC invested pehub.com in i247 Group. Furthermore, Wynnchurch-backed Hydraulic Technologies acquired pehub.com Foxtrot Industriel.
Exits and Divestitures
Carlyle agreed to sell pe-insights.com Colombian oil producer Sierra Col to Prime Infrastructure. Epiris-backed Delinian sold pehub.com three companies to Triple Private Equity, and Main Post is selling pehub.com haircare brand Not Your Mother’s to Henkel. Blackstone is tapping Citi pe-insights.com for a potential $1 billion Shya Hsin Packaging sale, and Advent considers a $4 billion divestment pe-insights.com of its naval defense business, Ultra Maritime.
Fundraising and Investment Strategies
Bain Capital secured pe-insights.com $12.5 billion across Asia and Japan buyout funds. BNP Paribas raised pe-insights.com €540 million for its GP stakes strategy, and Copenhagen Infrastructure Partners pe-insights.com secured a €1.3 billion first close for its green credit fund. Carlyle plans structured financing pe-insights.com to seed its flagship Carlyle Partners IX fund. FFL Partners formed pehub.com Pioneer HOA, a holding company for homeowners association property management firms.
AI and Saa S Implications
AI is forcing Saa S companies to rethink their product news.crunchbase.com strategies, potentially upending existing business models. Khosla Ventures' partner Ethan Choi news.crunchbase.com discussed the impact of AI, and Rebar news.crunchbase.com is developing AI-driven quote systems for commercial HVAC suppliers.
Industrial and Manufacturing Deals
Wynnchurch-backed Hydraulic Technologies acquired pehub.com Foxtrot Industriel. HIG-backed Coriant made pehub.com its fourth acquisition, and Thompson Street-backed ATIS picked up pehub.com Soberman Engineering. Ambienta bought pehub.com a provider of industrial water treatment services, and Lone Star agreed to buy pehub.com Lonza’s Capsules and Health Ingredients division.
Energy and Infrastructure
Carlyle agreed to sell pe-insights.com Sierra Col Energy. GIC-backed Greenko lines up pe-insights.com a potential $1 billion IPO. CVC secured €3.7 billion financing pe-insights.com for Global Sport Group. XPV Water Partners launched pehub.com an ocean technology platform.
Fintech and Financial Services
Revolut finally won sifted.eu a UK banking license after a five-year struggle. Blackcat's CTO discussed sifted.eu the future of European fintech. BNP Paribas is gathering pe-insights.com €540 million for a GP stakes strategy.
Real Estate and Infrastructure
Ardian to buy pehub.com self-storage operator Casaforte, and Blackstone and Blue Owl acquired pehub.com a minority stake in Atlas Holdings pehub.com.
Portfolio Companies and Add-ons
Align Capital's portco ISPN made pehub.com an add-on acquisition, and Bertram-backed Cogency Global bought pehub.com Elemental CoSec. NorthEdge-backed Ramarketing picked up pehub.com ISR Market Research, and Bridgepoint-backed Fera Science picked up pehub.com Qotho Minerals.
Market Commentary and Trends
Partners Group Chief David Layton privateequityinternational.com believes fears regarding AI and credit are overblown. PE firms are pushing back pehub.com against AI fears. Evergreens are outperforming privateequityinternational.com closed-end peers according to Hamilton Lane.
Other Notable Deals
Turing Winner LeCun's AI Lab raised news.crunchbase.com $1 billion in Europe’s largest seed round ever. TPG completed the $4.75 billion sale pehub.com of Intersect to Google pehub.com. Bain Capital secured pe-insights.com $12.5 billion in Asia and Japan. Isembard raised sifted.eu $50 million to bolster Europe's industrial base.
Sector-Specific Investments
BV Investment invested pehub.com in Moxe Health, a clinical data exchange platform. XPV Water Partners launched pehub.com an ocean technology platform.
Sports and Entertainment
Tencent is weighing new funding pe-insights.com in the Paramount–Warner Bros. deal. Ian Charles, Mark Cuban, José E. Feliciano and Marc Lasry pehub.com like investing in sports.
European Market
EQT is eyeing pe-insights.com a $6 billion divestment of SUSE. Isembard raised sifted.eu $50 million to bolster Europe’s industrial base.
Key Executive Moves
Overbay's managing director departed secondariesinvestor.com the firm. Evercore APAC secondaries director departed secondariesinvestor.com.
Geopolitical and Regulatory Impacts
Denmark’s wealth tax plan sifted.eu could be a disaster for startups.