Private Equity 3 Days

Last updated: June 29, 2026, 5:30 AM ET

Private Equity Dealmaking & Fundraising

Private equity firms are actively pursuing acquisitions across diverse sectors, with notable activity in food ingredients, industrial services, and specialized safety equipment. CVC Capital Partners agreed to acquire Irca, an Italian B2B food-ingredients manufacturer, from Advent International, a deal following Irca's revenue quadrupling. In the industrial sector, Warburg Pincus is set to acquire Network Plus, a UK provider of utility and infrastructure services. Partners Group-backed Sure Werx has expanded its reach by acquiring Italy's Genesi, a maker of work-at-height and confined space safety products Partners Group-backed SureWerx. Furthermore, Archimed, Grovecourt, and Kain Capital are showing interest in radiology deals, while Latticework Capital and Edgehill are backing acquisitions of CDMO brands Radiology deals attract.

In the technology and software space, private equity continues to build platforms and invest in growth areas. Investcorp has launched a new software engineering platform by combining Net Rom Software and Trivium eSolutions Investcorp has established. Meanwhile, Spain is emerging as a significant hub for tech investment, contributing to Europe's dynamic tech ecosystem How Spain emerged.

Venture Capital & Startup Funding

Artificial intelligence remains a dominant force in venture capital funding, driving a spree of megadeals. This week, the largest U.S. startup funding rounds were heavily concentrated in AI, with biotech also attracting significant capital Week’s 10 Biggest Funding. Berlin-based Peec AI is reportedly targeting a $200 million valuation in its latest fundraising round Peec AI targeting $200m. In a notable development for AI-focused funds, MGX is raising close to $50 billion, positioning it as one of the largest AI funds ever established MGX raises close to $50bn.

European deeptech investment has already hit an annual record within the first six months of the year, signaling strong investor confidence in advanced technology sectors European deeptech investment. Canadian venture capital is also seeing high returns, with Plaza Ventures securing a deal for digital advertising company Stack Adapt, an investment considered among the highest-returning Canadian venture deals of all time amid AI disruptions Kline Hill leads. Norwest has invested in East Range Group, a firm specializing in high-purity water systems, with the capital infusion earmarked for enhancing personnel, customer offerings, and growth opportunities Norwest invests.

Fundraising & Investor Strategy

The broader private equity industry is seeing signs of a fundraising comeback, as evidenced by the latest PEI 300 ranking of top firms by fundraising volume PEI’s Data Dive. Public pension funds are also actively planning their private equity allocations. For instance, Ohio STRS has set a pacing plan to invest up to $1.5 billion in new private equity commitments for fiscal year 2027 Ohio STRS sets.

The British Business Bank is set to bolster UK scaleups by providing £400 million annually British Business Bank back. In a strategic move, CPP Investments and Blackstone Credit & Insurance have entered a relationship with Element Fleet Management, committing to provide flexible funding for the company's operations CPP Investments and Blackstone Credit.

Sector-Specific Investments & Exits

In the consumer and retail sector, L Catterton is exploring the sale of Thorne, a US supplements maker, with a potential valuation of up to $4 billion. Unilever is reportedly among the interested bidders L Catterton lines up Thorne. In a significant exit, Reformation, a sustainable womenswear brand backed by Permira, has filed for an initial public offering on the New York Stock Exchange, marking a potential exit for its majority owner after approximately seven years Permira nears Reformation. JFLCO-backed Doncasters has successfully listed on the New York Stock Exchange under the ticker symbol "DPC" JFLCO-backed Doncasters.

Strategic Partnerships & Advisory Roles

Private equity firms are increasingly leveraging high-profile individuals for strategic advisory roles. Tennis legend Novak Djokovic has been appointed a global strategic advisor to the private equity firm General Atlantic Novak Djokovic new job.

Market Trends & Developer Notes

The United Kingdom's tech sector is a focus for potential transformation, with discussions around radical ideas to foster growth One simple radical idea. The mental health and neurodiversity sectors are experiencing growing M&A activity Mental health, neurodiversity M&A. In the financial services communications space, Park South Ventures-backed Infinite has acquired Greentarget UK, a firm specializing in financial and professional services communications ParkSouth Ventures-backed Infinite.

Competition in the Japanese market is intensifying, with Bain Capital and LY Corporation preparing a binding offer for Kakaku.com, challenging EQT's existing bid for the price-comparison group Bain Capital and LY ready. Revolut has adjusted its remote work policy for graduates, signaling a shift in workplace strategies for emerging talent Revolut dials back. Investors are also discussing strategies for increasing funding for Black founders, with six investors offering advice for overlooked entrepreneurs and ways the venture industry can improve 6 Startup Investors.