Private Equity 3 Hours

Last updated: August 5, 2026, 2:32 PM ET

Private Equity Deals

Bodycote plc confirmed receipt of two competing conditional cash offer proposals from CVC and Veritas Capital Fund IX. The proposals were detailed in a Rule 2.4 statement issued to the London Stock Exchange on August 5th. These competing bids value the company at £1.56 billion.

Sachs Asset Management is preparing Divcon Controls for a potential sale. provides building management and electrical power monitoring systems. Their services are crucial for data centers and other mission-critical facilities.

Market Outlook

Carlyle's chief executive Harvey Schwartz believes cyclical tailwinds supporting the secondaries market will persist for the next several years. Schwartz also stated that Carlyle increasingly views Alp Invest as more of a corporate finance business than a standalone secondaries unit. This perspective was shared on the firm's Q2 2026 earnings call.