Private Equity 3 Days

Last updated: June 24, 2026, 8:30 AM ET

Dealmaking & Fundraising Activity

Private equity firms continue to actively deploy capital across diverse sectors, with a notable focus on technology and services. Thoma Bravo made a growth investment in Padoa, a European provider of occupational health and safety software, while Apheon is acquiring Belgian business software and managed IT services provider Easi. In the advanced magnetics space, Ara Partners is selling Vacuumschmelze to Energy Fuels for $1.9 billion. HIG Capital appointed Carlos Couret as managing director, who will also head its lower mid-market private equity operations in Spain. Separately, Teleo Capital scooped up pharma manufacturing intelligence platform Modersys from Applied Materials.

In the secondaries market, Flexstone is acquiring Glouston Capital Partners, creating a $15 billion private markets platform. INVL Family Office launched a private equity secondaries fund with Adams Street Partners, offering clients access to the global secondary market. ADIC made a senior secondaries hire to oversee its portfolio, having deployed $19 billion in 2025. Investors are increasingly concerned about "zombie funds," or tail-end vehicles holding illiquid assets, with Virginia's state pension fund cutting its private equity target due to volatility concerns. Around 40% of limited partners expect continuation vehicle activity to grow, according to Coller's latest Barometer report most LPs don't expect CV activity to decline.

Venture capital firms are also actively raising new funds, particularly for artificial intelligence and technology startups. Menlo Ventures raised $3 billion across two new funds, its largest capital raise in 50 years, specifically