Private Equity 3 Days

Last updated: August 10, 2026, 2:42 AM ET

Deals & M&A

Wise Equity agreed to acquire a majority stake in E-Pharma Trento, which may pursue bolt-on acquisitions to add new technologies. Eir Partners invested in Claims Bridge and supported the add-on of Dialysis PPO, aiming to scale the platform organically and through M&A. Bernard Arnault named Aymeric Le Clere chairman and CEO of Financière Agache, the €3.1bn holding vehicle that anchors control of LVMH. Carlyle picked up a minority stake in Prime Capital Financial from Abry Partners, which exited the $50bn AUM wealth platform after three years. In a landmark BDC continuation vehicle, Pantheon bought $523m of BlackRock TCP Capital's private credit portfolio. Bear hugs are on the rise in UK take-privates, with Partners Group acquiring a majority stake in AVK Power Solutions, a provider of power systems for data centers and AI infrastructure.

Fundraising & Exits

The week’s 10 biggest funding rounds included three startups securing $1B+ each, spanning AI and healthcare. Active startup investors kept up the pace in July, with Khosla Ventures and Y Combinator among the most prolific dealmakers. In infrastructure secondaries, single-asset transactions are surging as a liquidity tool, but discipline on entry valuations remains critical. Allianz posted record Q2 operating profit, driven by €39bn in net inflows at its asset management arm, pushing third-party AuM to a record €2.16tn.

Technology & AI

The DeepMind shakeup tests the UK's AI ambitions, as the lab’s future becomes increasingly critical for the country’s tech ecosystem. London’s King’s Cross, once a red-light district, has transformed into one of the world’s top AI hubs. Nabla, an AI healthcare startup, appointed Brian Manning as CEO, who stated the company is “not here to be acquired.” Meanwhile, the top junior VCs to watch in Europe were highlighted by partners, reflecting the next generation of venture talent.

Healthcare & Workforce Services

Private equity firms are pushing tech investments in healthcare workforce services, with Accel-KKR, Bain, and Knox Lane among those active in the space. Nordic Capital inked an $800m take-private of BWXT’s nuclear medicine business, while clinical workforce services continue to attract PE firms like the above. The broader trend of technology enablement in healthcare staffing is driving deal flow.