Private Equity 8 Hours

Last updated: March 31, 2026, 8:30 PM ET

Middle Market Deal Flow & Exits

The private equity arena saw several mid-market transactions closing, including Oak Hill's finalization of its buyout of internet service provider Hunter Communications, where CEO Michael Wynschenk will remain in his leadership position. Separately, Quad-C secured an investment in independent medical exam provider Dane Street, allowing the existing management team, led by Greg Powers, to maintain their executive roles post-acquisition. In the realm of exits, HGGC successfully divested its stake in Planet Fitness franchisee Grand Fitness Partners to Flynn Group; this sale also provided an exit route for Monogram Capital Partners, which was the prior majority owner before HGGC’s 2021 infusion. Furthermore, 26North is acquiring tech firm Intermedia Intelligent Communications from seller Madison Dearborn Partners, signaling continued appetite for vertical software assets.

Firm Strategy & Personnel Moves

Firms continued to bolster their investment teams to handle sector-specific deal sourcing, with Angeles Equity Partners appointing Derek Rush as Vice President focused on the industrials sector, where he will oversee evaluation, execution, and portfolio management. Meanwhile, venture capital activity shows that the expectation bar for early-stage technology firms remains elevated; recent reporting indicates that many startups emerging from the latest Y Combinator cohort commanded initial valuations around $40 million, placing considerable pressure on these nascent companies to rapidly achieve scale against their high entry price points.