Private Equity 3 Days

Last updated: July 28, 2026, 8:30 PM ET

Infrastructure and Industrial Deals Advance

Stonepeak and CMA CGM finalized the formation of United Ports, with Stonepeak contributing $2.4 billion for a 25% stake in the joint venture, while CMA CGM retains majority ownership and operational control completed the formation. AIP finalized its buyout of material handling firm Intelligrated from Honeywell Technologies completed its buyout. HIG acquired the infrastructure services and engineering firm Avove, which focuses on regulated water and power markets. ECP and KKR agreed to acquire DCC Energy in a $7.7 billion deal, taking the multi-energy sales and distribution business private pending approvals agreed to acquire. Wynnchurch plans to take industrial company Luxfer private for $17.37 per share. SVP will acquire a minority stake in the power plant South Field Energy, which commenced commercial operations in 2021. THL Partners is selling firmware provider AMI to Lattice Semiconductor, while retaining an equity interest in the latter. Trans Digm will acquire IGP-backed Prince & Izant for over $1 billion, a manufacturer of brazing alloys and specialty metal components will acquire.

Technology and Software Acquisitions Dominate

Bridgepoint has agreed to acquire a majority stake in Lansweeper, a technology asset intelligence platform has agreed to acquire. Ridgeview made a £545 million take-private offer for automotive software company Pinewood. Cinven and La Caisse agreed to jointly acquire MGA Optio, a specialty risk underwriter and manager. Mutares will acquire Free2move, Stellantis' car-sharing business operating in 14 European and U.S. cities will acquire. Mid Europa intends to acquire a construction software platform in Czechia, formed by uniting ÚRS, First information systems, and Callida intends to acquire. FEP acquired Bravo Fit, an Australian Planet Fitness franchisee, with Planet Fitness exiting its minority ownership position acquired.

Healthcare and Services Sector Sees Investment Activity

Golub Capital is backing fast-food chain Church’s Texas Chicken, which was acquired in 2021 by High Bluff Capital Partners and Future Standard is backing. Riverside-backed Decera Clinical is investing in the healthcare knowledge platform Onviv, a provider of continuing education for medical professionals is investing. AE Industrial Partners appointed Leonard Dollaga as operating partner to identify and assess new investment opportunities in national security sectors, particularly maritime appointed. Behrman-backed Micross acquired manufacturer AEMtec, a provider of microelectronic solutions for aerospace, defense, space, medical, and industrial applications acquired. Arlington Capital Partners is selling its medical equipment company Riverpoint to Novanta in a $1.45 billion deal, with Arlington managing partner Matt Altman noting a stable transaction environment in healthcare is selling. Carlyle is backing cybersecurity firm Secturion, marking the first investment from its middle-market aerospace, defense & government and industrials platform is backing. Care Career is acquiring MAS Medical Staffing, a travel nurse and allied staffing agency, from Periscope Equity is acquiring. BC Partners agreed to acquire a co-control stake in Info RLife, a Swiss CDMO specializing in ready-to-use IV infusion bags for hospitals agreed to acquire. Capitol Meridian plans to invest in aviation services firm RH Aero Systems, with the Moeller family remaining significant investors plans to invest.

Family Offices and Secondaries Market Activity

Family office Green Bear is reducing its private equity exposure and favoring separately managed accounts, with investment chief Vishnu Amble citing cost-efficiency benefits amid lower PE returns is reducing. Green Bear is also exploring bilateral sales of private equity fund stakes as it pares exposure to illiquid assets is exploring. High-conviction deals gained favor from secondaries investors in the first half of the year, with AI disruption impacting both LP-led and GP-led markets, according to Campbell Lutyens' Gerald Cooper gained favor.

Venture Capital and Startup Funding Rounds

AI rollup startup Dwelly raised $170 million, backed by EQT and General Catalyst. Throne Science, a startup developing an AI-powered toilet camera for gut health tracking, secured $10 million in a Series A round led by Will Ventures. Startups at the intersection of AI and cybersecurity have collectively raised $855 million across more than 150 seed-stage rounds this year, according to Crunchbase data have collectively raised. Seed investors are flocking to AI cybersecurity startups are flocking. ETH Zurich spinout Zuri Q raised $25.5 million in a seed round. Bessemer and Atomico are reportedly in talks to lead The Exploration Company's funding round at a $2 billion valuation are in talks. Multiverse Computing is targeting a €500 million funding round at a unicorn valuation is targeting.

Other Market and Investment Trends

Wealth management continues to attract private equity interest, with Carlyle making its debut investment from a new aerospace platform. Step Stone led a £140 million secondary round for Premier Modular, a modular buildings provider partly owned by MML, which raised £360 million from European infrastructure investors. UK pension providers are in discussions for a £1 billion Scale-Up Fund are in discussions. Morgan Stanley Investment Management appointed Mark Wang as Asia insurance solutions lead amid a push by GPs to raise more capital from the insurance segment appointed. Visionaries is cutting its investment team to two lead partners for its next fund is cutting. Affinity has seen at least nine senior departures since the start of 2023, including four partners in the last 12 months has seen. 9fin completed its first employee share sale following a $170 million raise. Schneider Electric's VC fund, SE Ventures, is backing startups building AI-enabling technologies, signaling a new industrial investment cycle is backing. Nothing is reportedly cutting around 100 jobs in a cost-cutting initiative is reportedly cutting. Tower Brook's Joseph Knoll sees the strongest opportunities in business, financial, and healthcare services where AI enhances productivity, alongside the consumer vertical. Europe offers lower multiples but a more challenging regulatory environment for private equity, according to TowerBrook's Joseph Knoll.