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Private Equity 3 Hours

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10 articles summarized · Last updated: LATEST

Last updated: August 6, 2026, 8:32 AM ET

Private Equity Dealmaking and Fundraising

Veritas Capital is set to acquire Saber Power Services, a vertically integrated power infrastructure services platform, from Greenbelt Capital Partners. Saber Power helps customers build, modernize, and maintain critical electrical systems. In a separate transaction, Bain Capital has agreed to acquire Gong cha, a global bubble tea brand, from TA Associates in a sponsor-to-sponsor deal. Broad Sky successfully exited its investment in Smith + Howard, a tax and audit advisory firm, selling it to TPG after growing the business fourfold. Broad Sky CEO Tyler Zachem highlighted the durability of tax and audit advisory services, noting their consistent demand through economic cycles.

Venture Capital and Growth Investments

G Squared successfully raised $2.3 billion for its seventh flagship fund, indicating a robust market for venture secondaries. This new vehicle is approximately twice the size of its predecessor and was raised in half the time. Partners Group is committing over $1 billion in equity to acquire a majority stake in AVK Power Solutions, a UK-based data centre power specialist, signaling a significant bet on Europe's growing demand for data centre power. This investment will also include debt financing.

Firm Expansions and Strategic Moves

RedBird's Affinia completed a tie-up with Wilson Partners, a UK-based firm that advises small and medium-sized enterprises, private individuals, and private equity investors. Wilson Partners is backed by Fordhouse. In a strategic move, OMERS is reportedly planning a fivefold increase in its private equity portfolio. New Jersey Division of Investment is actively exploring both re-ups and new investment opportunities in the current market, viewing them with equal importance despite not facing liquidity pressures. Korea Post intends to commit 60 billion Korean won to domestic blind-pool venture capital funds in 2026. Analysis Y Combinator data reveals a notable increase in repeat founders participating in its programs, with 454 repeat founders identified in the dataset.