Private Equity 3 Days

Last updated: June 25, 2026, 8:30 PM ET

Fundraising & Capital Markets

European software investor Main Capital Partners has closed a record €5.25bn across two new funds, marking the largest private equity buyout fundraise ever completed in the Netherlands, achieved in under six months Main Capital closes record €5.25bn software fundraise. In the U.S., Menlo Ventures has raised $3 billion across two new funds, its largest capital raise in 50 years, to back AI startups from seed through growth stages, building on its prior success with an early bet on Anthropic Menlo Ventures raises victorious $3B fund. Abu Dhabi's MGX has also pooled nearly $50 billion from regional and global investors for a new fund dedicated to artificial intelligence infrastructure and technology MGX raises close to $50bn for one of the largest AI funds ever. Meanwhile, Valor Equity Partners is seeking to raise a $2.5 billion Fund VII Valor Equity Partners looks to raise a $2.5B Fund VII.

Buyouts & Acquisitions

CVC Capital Partners is reportedly weighing a €6 billion exit from Cooper Consumer Health, with Cap Vest-owned Stada emerging as a potential buyer CVC weighs €6bn exit from Cooper Consumer Health. In Japan, Advent International is set to acquire home care operator JWB from MBK Partners, marking its debut in the Japanese market Advent to acquire Japanese home care operator JWB, Advent makes Japan debut with home care buyout. Permira and Warburg Pincus are taking Clearwater Analytics private in an $8.4 billion transaction, with Francisco Partners and Temasek participating Permira and Warburg Pincus-led investor group takes Clearwater Analytics private for $8.4bn. Platinum Equity is reportedly the sole bidder for Nestlé's water business after CD&R withdrew from negotiations Platinum Equity left as sole bidder for Nestlé water unit. Quadrivio & Pambianco and Capdesia Group are acquiring Alice Pizza, Italy's largest fast-casual pizza chain with 231 locations Quadrivio and Capdesia acquire Alice Pizza, Quadrivio & Pambianco, Capdesia to acquire Italy’s Alice Pizza.

Strategic Investments & Add-ons

Carlyle has launched a dedicated defense and reindustrialization fund, Carlyle Defense and Reindustrialization Partners, registered in June Carlyle launches dedicated defence, reindustrialisation fund. In the live events sector, Apollo, Hellman & Friedman, and Platinum Equity are making investments as the industry experiences a surge in private equity interest, with the global market projected to exceed $1.2 trillion by 2032 Apollo, Hellman & Friedman and Platinum Equity invest in live events. Bain Capital is acquiring a majority 51% stake in Everllence from Volkswagen Group as part of a €7.4 billion carve-out Bain Capital takes majority control of Everllence in €7.4bn Volkswagen carve-out, Bain Capital to acquire a stake in Everllence. In sports, KKR-owned Arctos Partners is backing a $288 million stadium district development in Tennessee as part of its college sports expansion KKR-owned Arctos backs $288m Tennessee stadium district. Juggernaut Capital Partners is teaming with former footballer Gareth Bale to pursue a controlling stake in a football club Juggernaut Capital and Gareth Bale line up a football takeover.

Technology & AI Focus

AI continues to be a significant driver of investment, with agent-testing startup Patronus AI landing $50 million to build AI stress-testing environments Patronus AI lands $50M to build ‘digital worlds’. XCures, a startup using AI to streamline patient data, has secured $46 million in a Series B financing round led by Innovius Capital XCures Lands $46M Series B To Clean Up Messy Medical Records With AI. In Europe, eight startups have already raised over $1 billion rounds this year, with AI and deep tech emerging as key areas of focus Records broken as eight European startups raised $1bn+ rounds. Deep Mind has selected a robotics accelerator startup, which has now raised an $11.7 million seed round DeepMind handpicked this startup for its robotics accelerator. The debate around AI valuations and revenue inflation continues among venture capitalists Is there an AI bubble? VCs on valuations and ARR inflation.

Sector-Specific Deals

In healthcare, Chicago Pacific Founders is backing health tech firm Attune to expand its platform capabilities Chicago Pacific Founders backs health tech firm Attune. Thoma Bravo has invested in occupational health software provider Padoa, which serves health centers and employers across Europe Thoma Bravo backs occupational health software firm padoa. Brightstar Capital has acquired Erdman, a healthcare architecture firm, as an add-on to its portfolio company KZF Design Brightstar Capital snaps up healthcare architecture firm Erdman.

In commercial services, Southfield-backed Osprey Landscape Group has acquired commercial landscape services firm Land Graphics Southfield-backed Osprey Landscape Group snaps up commercial landscape services firm. Huron Capital-backed Exigent has acquired Superior Building Services, a mechanical contractor focused on HVAC, plumbing, and energy efficiency Huron Capital-backed Exigent snaps up mechanical contractor Superior Building Services. Reverence Capital is backing CPA firm Eide Bailly to accelerate its strategy and expand client services Reverence Capital to invest in CPA firm Eide Bailly.

In industrial and manufacturing, Ara Partners is selling advanced magnetics company Vacuumschmelze to Energy Fuels in a $1.9 billion deal Ara Partners to sell Vacuumschmelze to Energy Fuels in $1.9bn deal. Platinum Equity is acquiring Tangent Technologies, a manufacturer of sustainable building products Platinum Equity to acquire manufacturer Tangent Technologies.

In financial services and software, Light Bay Capital is backing IT managed services provider Centre Technologies, which serves over 750 clients in Texas and Oklahoma LightBay Capital backs IT managed services provider Centre Technologies. Omni-backed Infoshare has acquired 3C Consultants and Infoboss, providers of data governance and compliance software for social housing and local government Omni-backed Infoshare picks up 3C Consultants and Infoboss.

In consumer and retail, Great Hill Capital has invested in pet grooming franchise Woof Gang Bakery & Grooming Great Hill invests in pet grooming franchise Woof Gang Bakery & Grooming. L Catterton has taken a significant minority stake in clean haircare brand RŌZ L Catterton takes significant minority stake in haircare brand RŌZ.

Fund Finance & Secondaries

The secondaries market faces a benchmarking challenge due to a lack of standardization, raising questions about how the strategy should be measured and whether traditional private equity benchmarks are appropriate Secondaries may have a benchmarking problem. Pantheon's infrastructure secondaries fund has surpassed its target, with its latest flagship ranking among the largest in the sector ahead of its final close Pantheon’s infra secondaries surpasses target. ADIC has hired a senior secondaries professional to oversee its portfolio, with its secondaries unit having deployed $19 billion in 2025 ADIC makes senior secondaries hire. Fund finance is evolving into a multi-instrument, life-cycle toolkit, driven by increased institutional investor appetite and bespoke structures Fund finance has moved to a multi-instrument and life cycle-wide toolkit. Painswick Capital views single-asset continuation vehicles as a distinct private equity business Painswick brings PE focus to single-asset CVs.

Investor Sentiment & Strategy

KKR has informed investors that its monetization activities have exceeded $900 million quarter-to-date, indicating a pickup in realizations and capital returns KKR flags accelerating exits. Ohio Teachers is prioritizing liquidity, setting its private equity pacing for FY 2027 with plans to address a $4 billion annual deficit Ohio Teachers prioritises liquidity. Virginia's pension fund has reduced its private equity target for the first time in over 15 years, citing volatility concerns Virginia pension cuts private equity target. In Japan, tax overhauls slated for 2027 could provide a short-term boost to M&A transactions as firms prepare for succession opportunities Japan tax overhaul could impact PE’s succession opportunity.

Other Notable Deals

Blue Owl Capital is reportedly in advanced talks to acquire a minority stake in the NBA's Cleveland Cavaliers Blue Owl nears minority stake in NBA's Cleveland Cavaliers. Harbour View has acquired the publisher's share of certain songs written by the Wolf Cousins collective, which includes songwriters Ilya Salmanzadeh and Oscar Holter HarbourView acquires publisher’s share of certain Wolf Cousins-written songs. CVC is set to invest in the online chess platform Chess.com, with existing backer General Atlantic remaining a shareholder CVC to invest in online chess platform Chess.com. HSG has completed its acquisition of luxury sneaker brand Golden Goose, with Temasek and True Light Capital joining as minority shareholders HSG completes acquisition of Golden Goose.