Private Equity 3 Days

Last updated: July 6, 2026, 11:30 AM ET

Energy Transition & Infrastructure Deals

Blackstone Energy Transition Partners is acquiring Dresser Utility Solutions, a key provider of natural gas and water measurement, control, and infrastructure metering equipment. This transaction marks the first deal for Blackstone Energy Transition Partners V fund Blackstone acquire. In a parallel move within the energy transition space, global investment firm Permira is making a strategic investment in Quadrante, an Iberian engineering, architecture, environment, and sustainability consulting firm Permira invest. Elsewhere, Avance Capital has backed infrastructure firm Lexxel, with the company's founders and management team reinvesting significant equity alongside Avance. HIG Capital is also expanding its infrastructure footprint by agreeing to acquire a majority stake in Germany’s Terras Group, which provides engineering and construction services across mobility, energy, digital, and water sectors in the DACH region.

Industrial & Manufacturing Acquisitions

Lone Star Funds has agreed to acquire Conti Tech, Continental's industrial materials arm, in a significant €4 billion deal Lone Star agrees acquire. This transaction underscores a trend of carve-outs in the industrial sector, with Capmont set to carve out Dyneon, a fluoropolymer manufacturer serving critical sectors like semiconductors, medical technology, electric vehicles, aerospace, and energy, from 3M Deutschland. In another industrial move, CVC Capital Partners has agreed to sell D-Marin, which operates 28 marinas across nine countries in the EMEA region serving over 50,000 customers annually, to Infra Via.

Software & Technology Investments

Bridgepoint has invested €200 million in Skello, an AI-powered HR management software provider for frontline workers, serving 25,000 businesses across Europe. The surge in artificial intelligence continues to drive investment, with AI igniting an investor frenzy that has led to nearly 90 new unicorns being minted this year. This trend is also benefiting private wealth funds; Blackstone's private equity fund for wealthy individuals posted its strongest monthly return, primarily driven by its stake in AI developer Anthropic. Meanwhile, a significant pension fund, managing $67 billion, is actively seeking software bargains amidst current market conditions.

Fund Closes & Capital Raising

Eurazeo has successfully closed its fifth-generation private equity secondaries program at €2.3 billion, comfortably surpassing its €2 billion target Eurazeo surpasses target. This fund more than doubled the amount raised by its predecessor, which closed in 2021 with €1 billion. In the mid-market space, CVC Capital Partners held the final close of its European-focused mid-market fund, CVC Catalyst III, raising approximately €3 billion, nearly double its target.

Exits & Divestitures

Bruin Capital is set to sell its golf simulation company, Full Swing, to Versant Media for $530 million. Versant Media, the owner of cable networks including CNBC and the Golf Channel, is expanding its sports media portfolio. In a notable divestiture within the banking sector, Warburg Pincus has agreed to exit Singular Bank, a private banking specialist, selling its stake to a consortium led by ING Foresight eyes industrial.

Sector Specific & Regional Focus

In cleantech, investors poured 15 billion dollars into seed-through-growth-stage rounds for companies in cleantech, EV, and sustainability-focused categories in the first half of this year, indicating a stabilization of funding as energy demand grows. EQT is acquiring Orikan, an Australian provider of integrated parking, enforcement, and compliance technology, as part of its expansion into Asia Pacific's mid-market. Meanwhile, in China, private equity is undergoing a "reset" that could lead to a more disciplined opportunity set for investors Chinese PE: retreat.

Public Market & Take-Private Activity

Castlelake has secured qualified support from the easy Jet board for a proposed take-private of the UK budget carrier, a deal reportedly valuing the airline at around $7.3 billion. This move comes as some venture capital LPs are concentrating investments in megafunds, mistaking perceived safety for better returns and potentially sacrificing higher upside potential in smaller funds Year Misplaced Fear. The Japanese Government Pension Investment Fund (GPIF), the world's largest, saw its private equity portfolio climb 26% year-on-year, adding about $1.4 billion despite a "challenging" environment.