Private Equity 3 Days

Last updated: June 23, 2026, 2:30 PM ET

Dealmaking & Fundraising Activity

Private equity firms continue to actively pursue acquisitions across diverse sectors, signaling sustained M&A momentum. Platinum Equity is reportedly the sole bidder for Nestlé's water unit after rival CD&R withdrew, while the firm also agreed to acquire manufacturer Tangent Technologies. In the live events sector, Apollo, Hellman & Friedman, and Platinum Equity are investing as the industry experiences a surge in private equity interest, with the global market projected to exceed $1.2 trillion by 2032 . Apheon is set to acquire Belgian IT services provider Easi, and Brightstar Capital has acquired healthcare architecture firm Erdman as an add-on to its portfolio company KZF Design. Investcorp is acquiring a majority stake in UK facilities management firm Smart Managed Solutions in a deal valued at over $200 million. Sector-Specific Investments & Exits

The technology and services sectors are seeing significant private equity involvement. Reverence Capital is investing in accounting firm Eide Bailly to fuel its strategic expansion. In the healthcare and life sciences space, Incline Equity is backing medical and health physics testing provider West Physics, and PE-backed Life Science Connect is expanding its biopharma outsourcing platform with the acquisition of Pharma Source and CDMO Live. The consumer sector is also attracting capital, with L Catterton taking a significant minority stake in haircare brand RŌZ and Great Hill investing in pet grooming franchise Woof Gang Bakery & Grooming.

Fundraising & Investor Strategies

Fundraising remains a key focus for private equity managers, with a particular emphasis on specialized strategies. Allianz GI has secured $744 million at the first close of its third Asia Pacific private credit fund. Pantheon's infrastructure secondaries funds are surpassing targets, ranking among the largest in the market. Meanwhile, investor sentiment is evolving, with Virginia's pension system cutting its private equity target amid volatility concerns. The issue of "zombie funds"—tail-end vehicles holding assets—continues to concern limited partners (LPs) 43. Strategic Moves & Market Dynamics

Several firms are navigating complex exits and strategic realignments. CVC Capital Partners is reportedly considering a €6 billion exit from Cooper Consumer Health, with Stada emerging as a potential buyer. TPG has appointed Axel André as its new CFO, freeing up Jack Weingart to lead the firm's expanding wealth business. In a notable exit, TPG Capital is selling Australian drinks producer Made Group to Danone for $1.4 billion. Amid a challenging market, MBK Partners' Godiva Japan is seeking an extension on its $464 million buyout loan.

Venture Capital & Emerging Sectors

The venture capital landscape is dynamic, with a strong focus on AI and robotics. Sequoia and Founders Fund are backing drone startup Stark in a €500 million raise. Seedcamp has closed on $320 million across two funds to expand its US footprint and back seed-stage startups. Robotics startups have seen a surge in funding, raising $18.8 billion in 2026. Europe is also actively working to build its own AI infrastructure, with discussions around non-compete clauses impacting AI development.

Secondaries Market & Emerging Opportunities

The private equity secondaries market is seeing growth and new entrants. Flexstone Partners is acquiring Glouston Capital Partners, creating a $15 billion private markets platform. ADIC has hired for its senior secondaries team, and INVL Family Office has launched a private equity secondaries fund in partnership with Adams Street Partners. Swedish insurer LF is also exploring moves into private debt secondaries. The proportion of general partners (GPs) using contractual variable (CV) mechanisms is doubling, though this is creating back-office challenges for some.

Sector Focus: Live Events & Healthcare

The live events sector continues to draw significant private equity attention. Beyond live events, private equity is also making inroads into college sports, with KKR-owned Arctos Partners backing a $288 million stadium district development. In healthcare, AI is accelerating drug discovery by allowing for faster screening of compounds.

Geographic & Regulatory Considerations

Tax changes in Japan could create a short-term boost for M&A transactions ahead of 2027 reforms. In the UK, discussions around supporting startups continue, with a focus on how political figures might influence the tech ecosystem. Firm & Personnel Movements

Several firms have announced key personnel changes. TPG has named Axel André as Partner and Chief Financial Officer, with Jack Weingart transitioning to lead the firm's wealth business. Littlejohn has promoted Charles Leung to managing director.