Private Equity 3 Hours

Last updated: April 8, 2026, 2:30 PM ET

Deal Activity & Portfolio Moves

Activity remains strong across European dealmaking, with major players circling a minority stake in the Serie A media rights business, as firms like Apollo, CVC, Ares, and Sixth Street are being sounded out for the potential investment. Separately, AEI Industrial-backed ATC Group continued its sector consolidation strategy, acquiring aerospace repair firm PAS MRO, a provider of component maintenance, repair, and overhaul services for the global aviation sector. In the chemicals space, CM Equity Partners is reportedly preparing to divest specialty chemicals manufacturer Graco Roberts, which it has held since acquiring the business in 2015.

Personnel & European Strategy

Internal movements reflected ongoing senior talent retention, as Sovereign promoted two key members—Philipp Zimmerer moving up to investment director and Jaime Leslie advancing to investment manager roles. Meanwhile, the evolving structure of European venture capital was discussed, with Project Europe CEO Kitty Mayo describing Harry Stebbings as akin to a "head of state" within their organization, positioning herself as the "prime minister" in managing their strategic direction in the region.