Private Equity 8 Hours

Last updated: April 29, 2026, 5:30 PM ET

Middle Market Dealmaking & Acquisitions

Private equity activity showed continued momentum across several sectors, with OpenGate Capital agreeing to buy Total Safety’s EMEA division, a provider of mission-critical safety services for the petrochemical and oil and gas industries across Europe, the Middle East, and Africa. Elsewhere in the IT services space, a PE-backed Corporate Technologies acquired RPM Technologies, bolstering its Minneapolis-based managed IT and cybersecurity offerings aimed at small and mid-sized businesses. Meanwhile, dealmakers are being advised to rethink their approach to healthcare M&A, as sponsors must follow five specific rules to successfully navigate the market toward a potential upswing projected for 2026.

Venture Capital & Firm Movements

Venture funding remained active in the enterprise software domain, as AI analytics startup Dreambase secured $3.7 million in a seed round, impressing executives from Supabase enough that they participated as investors in the round. The funding aims to help companies build data-driven operations without needing large internal data teams. Separately, institutional movements within the industry saw Chad Doerge transition to the role of president and deputy CEO at the music-focused private equity firm Round Hill, coinciding with news that Warburg Pincus executive Jake Siewert is slated to speak at the PEI Group’s Investor Relations Network Forum in New York. Furthermore, the government contracting technology space attracted major backing, with startup Pursuit raising a $22 million Series A led by Open Gov co-founder Mike Rosengarten, signaling investor confidence in platforms that streamline public sector sales processes.