Private Equity 3 Hours

Last updated: March 31, 2026, 2:30 PM ET

Private Equity Deal Flow & Exits

Activity in the private equity sector showed a mix of acquisitions and portfolio company sales, with Oak Hill completing its buyout of internet provider Hunter Communications, where Michael Wynschenk remains chief executive. Separately, HGGC divested Grand Fitness Partners, a major Planet Fitness franchisee, to Flynn Group; Monogram Capital Partners, the prior majority owner before HGGC’s 2021 investment, also fully exited its remaining stake in the transaction. In the healthcare services space, Quad-C invested in independent medical examination provider Dane Street, confirming that CEO Greg Powers and the management team will retain their current roles following the transaction.

Growth Equity & Sector Bets

Growth-stage financing saw significant capital deployment into technology and specialized manufacturing, as wearable fitness tech company Whoop secured $575 million in Series G funding, propelling its valuation to $10.1 billion, backed by a consortium of institutional and celebrity investors. Meanwhile, TA Associates backed iBase-t with a strategic growth investment aimed at scaling the company’s AI-driven manufacturing solutions specifically within the aerospace and defense sectors. This move signals increasing PE focus on integrating artificial intelligence capabilities into industrial verticals.

Firm Strategy & Personnel Moves

Firms continued internal restructuring and talent acquisition to manage growing investment mandates. Lime Rock Partners announced the promotion of Jeffrey Scofield to president and elevated Dylan Blackford to managing director rank. To bolster its deal sourcing capabilities in industrial investments, Angeles Equity Partners appointed Derek Rush as Vice President for its investment team, tasking him with evaluating, executing, and managing deals across the industrials sector.