Private Equity 3 Hours

Last updated: May 4, 2026, 8:30 AM ET

Private Equity Activity: M&A and Exits

Middle-market dealmaking continued across specialized sectors as Riata Capital-backed COEO Solutions acquired managed technology provider S-NET Communications, bolstering COEO’s focus on multi-location mid-market enterprise networking. In infrastructure, Grovecourt-backed Traffic & Mobility Consultants purchased Chindalur Traffic Solutions, an engineering firm specializing in transportation planning in Florida. Meanwhile, SK Capital finalized its exit from Phoenix Flavors & Fragrances Inc., selling the specialty chemical firm to Turpaz Industries Ltd., marking a successful disposition for the sector's recent investment cycle.

Investment and Funding Rounds

In wealth management advisory services, a consortium of established backers moved to reinforce their stake in Allworth Financial, with Integrum joining Lightyear and Ontario Teachers’ in a new investment round. This recapitalization effort signals continued confidence in the stability of personalized advisory platforms despite broader market volatility. The movement reflects sustained private equity interest in niche, recurring revenue businesses that offer essential services to the mid-market and high-net-worth segments.