Private Equity 8 Hours

Last updated: April 7, 2026, 5:30 PM ET

Mega-Deals and Portfolio Exits

Private equity dealmaking saw major completions and strategic divestitures across healthcare and aerospace sectors. Blackstone and TPG finalized their take-private buyout of women’s health specialist Hologic, a transaction underpinned by significant minority commitments from the Abu Dhabi Investment Authority and GIC. In a separate large-scale transaction, Blackstone and Tinicum agreed to acquire UK-listed aerospace and defense supplier Senior for $1.85 billion, signaling continued appetite for critical industrial assets. Meanwhile, Ardian executed an exit from its majority stake in Acousti Engineering, selling the transformed platform to Gamut Capital Management.

Mid-Market Acquisitions and Platform Builds

Activity in the mid-market focused heavily on consolidating specialized manufacturing and services sectors. BPOC sold its medical device manufacturer, Midwest Products & Engineering, to Graham Partners, while H.I.G.-backed Vernacare acquired UK-based Eakin Surgical, a producer of single-use surgical instruments, bolstering its presence in medical consumables. In the modular construction space, Heartwood-backed VitalSpace purchased BIG Enterprises, a manufacturer specializing in high-performance composite products, as part of an ongoing platform build strategy. Furthermore, advisory and asset services firm GA Group, backed by Oaktree, expanded its capabilities by scooping up G2 Capital Advisors, adding valuation and liquidation services to its portfolio.

Energy Transition and Infrastructure

Firms are repositioning capital to capitalize on the energy transition, evidenced by ECP’s return to a previous investment. Energy Capital Partners re-acquired Energy Solutions from Tri Artisan Capital Advisors, a move timed amid a noted surge in nuclear investment activity across the sector. Separately, limited partners expressed skepticism regarding the pricing of infrastructure continuation vehicles (CVs), suggesting that while these deals often close at or above fair market value, LPs are doubtful they represent the optimal achievable price point. In other asset sales, Agilitas agreed to sell Integris Composites, a supplier of lightweight survivability products, to Triton Partners.

Firm Movements and Executive Appointments

Personnel shifts continued to ripple through the industry, most immediately impacting established fund managers. Jared Barlow, a longstanding partner at Kline Hill, responsible for firm and investment oversight since the firm’s 2015 founding alongside Mike Bego, has reportedly departed the small deal specialist. Separately, Round Hill appointed Chad Doerge, formerly president and chief revenue officer of Aiera, as its new president and deputy CEO. The construction services sector remains active, with firms such as Sound Growth Partners, Norea Capital, and Bertram Capital continuing to identify opportunities in roofing services.