Private Equity 3 Hours

Last updated: April 27, 2026, 8:30 AM ET

Deal Activity & Sector Focus

Private equity dealmaking saw several strategic acquisitions across European services sectors today, with Sullivan Street Partners acquiring Mi Hub, the corporate uniform provider operating brands like Dimensions and Alexandra, from LDC. Elsewhere, the Sterling Group Foundation Fund purchased wastewater services firm Scruggs, which was previously held by Rox Capital Partners, illustrating continued appetite for essential infrastructure services. In healthcare, Sovereign-backed Eden Futures picked up Complesso, a provider specializing in supported living arrangements for home-based care, signaling consolidation in the non-clinical support space.

Fund Strategy & Growth Capital

Venture capital activity demonstrated a focus on scaling international operations, as Sereact secured $110 million in Series B funding led by Headline, earmarking the capital for expansion across the U.S. market. Meanwhile, larger firms are grappling with structural shifts; industry commentary suggests general partners (GPs will have limited room for error in satisfying investor expectations, especially as firms like New Mountain reportedly deepen their presence in Korea as part of global diversification efforts.