Private Equity 3 Hours

Last updated: July 1, 2026, 2:30 PM ET

Buyouts & Dealmaking

KKR & Co. is set to acquire the North American renewable energy assets of French utility EDF Group for approximately $4.2 billion, with potential further payments reaching $390 million. This deal represents a significant bet on clean energy infrastructure by the private equity giant. In the automotive aftermarket, Monomoy Capital has acquired the quick lube and car service franchise Jiffy Lube from a subsidiary of Shell USA for $1.3 billion. Meanwhile, WILsquare Capital backed Automotive Color & Supply has expanded its regional footprint by acquiring Ohio Paint Supply, bolstering its distribution network across Indiana, Illinois, and Ohio.

Growth & Investment Platforms

Balance Point Capital has invested in Trivest-backed Aqua Verse, a platform focused on consolidating and growing a family of pool service brands across various markets. This move signals continued private equity interest in fragmented service industries ripe for consolidation. In a related sector, the self-driving technology scaleup Wayve is reportedly set to test the London Stock Exchange's Pisces platform, indicating potential future public market ambitions for innovative tech companies.

Financial Services & Secondaries

Ardian is reportedly packaging approximately $1 billion of its second-hand fund stakes into a collateralized fund obligation, capitalizing on the booming market for secondaries debt. This strategy allows Ardian to monetize existing investments and provide liquidity to investors. In a move within the sports finance sector, William Blair has acquired the investment bank Inner Circle Sports, which advises team owners, leagues, and investors, further integrating investment banking services into sports and media deals.