Private Equity 3 Hours

Last updated: May 5, 2026, 11:30 AM ET

Private Equity Deal Activity & Investor Moves

Platinum Equity acquired electric heating manufacturer Infratech from sellers Sam Longo Jr. and CEO John Mazzotta, signaling continued appetite for specialized industrial technology assets. Concurrently, KKR executed targeted acquisitions to scale Axius Water before its eventual sale to CRH, while Copley Equity Partners initiated the early sales process for its geospatial engineering firm, LJB, demonstrating active portfolio management across the sector. Further consolidation occurred in advisory services as William Blair moved to acquire Inner Circle Sports, which will maintain its branding temporarily post-closing.

Venture Capital & Growth Equity Backing

Venture funding remained active, with voice AI firm ElevenLabs securing new investment from major players including BlackRock and Jamie Foxx, helping the company cross $500M in annualized recurring revenue as it expands its enterprise footprint. In deep tech, Intel injected capital into quantum startup Quantware via a $178M Series B round specifically aimed at kick-starting production at an industrial scale. Meanwhile, dealmakers are preparing for future activity, with a 50% discount offer on second passes for Tech Crunch Disrupt 2026 closing May 8, suggesting firms are prioritizing face-to-face deal sourcing before ticket prices escalate.