Private Equity 3 Hours

Last updated: May 5, 2026, 2:30 PM ET

Private Equity Deal Flow & Exits

Activity remained brisk across the middle and upper tiers of the private equity market, featuring both strategic acquisitions and major divestitures. Siris Capital Group] agreed to sell Equiniti, the global transfer agent and shareholder services platform it assembled after acquiring AST, to Bullish for an enterprise value of $4.2bn. In platform building, Cinven-backed fund administrator Alter Domus] announced plans to acquire competitor MSC Group, a provider of trustee and fund administration services. On the lower end of the market, Salt Creek Capital finalized the divestiture of IT Assist, the largest franchisee for managed IT services provider Team Logic, signaling continued appetite for scaled tech service providers.

Sector Focus & Growth Equity

The appetite for vertical integration within specialized services remains strong, as evidenced by the Sterling Group portfolio company HLSG] acquiring Texas Textile Services, a linen laundry and management firm serving healthcare clients. Meanwhile, growth equity continues to flow into enterprise software, with autonomous software startup Blitzy securing $200M in new capital, which prices the firm at a $1.4bn valuation amid intense interest in AI-adjacent development tools.