Private Equity 3 Hours

Last updated: June 18, 2026, 2:30 PM ET

Private Equity Strategy & M&A

Industrial sector consolidation accelerated as JFLCO-backed FSG acquired Custom Alloy Corporation, integrating the manufacturer into its existing portfolio of high-specification forgings for aerospace and defense clients. Meanwhile, undercapitalized infrastructure secondaries are drawing increased scrutiny from institutional investors, as firms grapple with structural hurdles to achieving necessary scale in a market segment widely expected to sustain high future growth trajectories.