Private Equity 3 Hours

Last updated: June 23, 2026, 2:30 PM ET

Private Equity Dealmaking

Platinum Equity is the sole bidder for Nestlé's water business after Clayton, Dubilier & Rice exited the auction, signaling a potential shift in competitive dynamics for large consumer asset sales. In a separate transaction, Apheon agreed to acquire Easi, a Belgian provider of business software and managed IT services with over 1,500 clients, as private equity continues to target specialized B2B software and IT infrastructure. Meanwhile, Brightstar Capital snapped up healthcare architecture firm Erdman, intending to integrate it as an add-on to its existing portfolio company, KZF Design.

Fundraising & Investment Activity

Reverence Capital is investing in accounting firm Eide Bailly, aiming to accelerate the CPA firm's strategic initiatives and expand its innovation and client services. This move underscores private equity's growing interest in professional services. Separately, Allianz Global Investors secured $744 million at the first close of its third Asia Pacific private credit fund, Allianz Asia Pacific Secured Lending Fund III, highlighting strong investor demand for credit strategies in the region. On the venture capital front, drone startup Stark confirmed a €500 million raise, backed by prominent investors Sequoia Capital and Founders Fund, indicating continued investor appetite for advanced technology sectors.