Private Equity 3 Hours

Last updated: June 19, 2026, 11:30 AM ET

Private Equity Activity

Private debt financing is gaining momentum as Apollo nears a $574m deal to refinance Eolo, a fixed wireless and fiber operator currently controlled by Partners Group. This move reflects a broader trend of private credit firms stepping in to provide liquidity for infrastructure assets as traditional lenders remain selective.

Sovereign wealth funds from the Middle East are also deepening their footprint in European markets, with the Abu Dhabi Investment Authority and Mubadala joining EQT to back the £10.9bn take-private of London-listed testing group Intertek. Simultaneously, EQT is diversifying its portfolio by entering the space sector through the acquisition of Exolaunch, a German specialist in satellite deployment and launch management.

Regional Collaboration

European tech stakeholders are increasingly focused on cross-border cooperation to scale domestic firms, as evidenced by the solidarity initiatives highlighted at this year’s VivaTech. Investors are viewing these collaborative efforts as a necessary mechanism to compete with global rivals, signaling a shift toward more integrated capital deployment strategies across the continent.