Private Equity 3 Hours

Last updated: June 25, 2026, 11:30 AM ET

Private Equity Dealmaking

Permira and Warburg Pincus are leading an investor group to take Clearwater Analytics private in an $8.4 billion transaction, with Francisco Partners and Temasek also participating. In the food sector, Quadrivio and Capdesia have jointly acquired a 100% stake in Alice Pizza, Italy's largest fast-casual pizza chain, through Quadrivio's Lifestyle Fund II. CVC Capital Partners is set to invest in the online chess platform Chess.com, with existing backer General Atlantic retaining its shareholding. Elsewhere, Platinum Equity is acquiring Tangent, a sustainable building products company, from The Sterling Group.

Fund Strategy & Sports Investments

Ohio Teachers pension fund is prioritizing liquidity as it plans its private equity pacing for fiscal year 2027, aiming to address a $4 billion annual deficit. The fund's commitment strategy is designed to remedy this cash drain. Blue Owl Capital is nearing the completion of advanced talks to acquire a minority stake in the NBA's Cleveland Cavaliers.

Venture Capital & AI Scaling

Scaling artificial intelligence in Europe presents unique challenges, with founders needing to look beyond immediate funding rounds. The best entrepreneurs are focused on long-term growth rather than short-term capital injections, suggesting a shift in venture capital strategy toward more sustainable expansion models in the region. Reverence Capital is backing Eide Bailly, a Midwest-based CPA firm.