Private Equity 8 Hours

Last updated: June 17, 2026, 5:30 PM ET

Board Moves & Strategic Appointments

Former Sequoia Capital leader Roelof Botha was appointed to SpaceX’s board just days after the aerospace firm completed the largest IPO on record, signaling continued investor confidence in its growth trajectory. In Europe, a consortium led by Blackstone secured control of Medallia from Thoma Bravo, a deal that follows Thoma’s recent $5bn loss on the platform and underscores private‑equity firms’ appetite for high‑margin Saa S assets despite valuation pressures.

Healthcare Consolidation

Singlepoint Healthcare, backed by Dallas‑Fort Worth investors, completed the acquisition of infusion specialist Healix, expanding its portfolio in inflammatory‑disease treatment and positioning the combined entity for cross‑sell opportunities. Meanwhile, Audax‑backed Belmont Medical Technologies added Arcos Inc. to its health‑tech lineup, broadening its fluid‑resuscitation and temperature‑management solutions ahead of anticipated Medicare reimbursement changes. Altaris also moved to take Simulations Plus private for $375 m, offering shareholders $18.50 per share and reflecting strong demand for simulation software that supports drug discovery pipelines.

Infrastructure & Data‑Centre Investments

KPS Capital injected capital into Jennmar, an infrastructure‑products provider, while existing shareholder Falcon Point Partners retained a sizeable minority stake, a structure that preserves operational expertise while supplying growth funding KPS’s investment details. Parallel to that, CPP Investments pledged up to $715 m to scale Ctrl S’s data‑centre platform in India, tapping one of the fastest‑growing digital‑infrastructure markets and diversifying the pension fund’s exposure beyond North America. GIC is also nearing the sale of up to $2bn of private‑credit assets, a move that leverages a booming secondaries market to recycle capital for new opportunities.

Deal Activity in Waste Management and Consumer Services

TPG announced the purchase of Waste Eliminator and Liberty Waste Solutions from Allied Industrial Partners, consolidating fragmented waste‑service assets and creating a platform that can benefit from rising regulatory emphasis on recycling and hazardous‑waste handling. In the consumer‑services space, J.C. Flowers highlighted the $8.9bn all‑cash sale of Clario Holdings to Thermo Fisher, a transaction that illustrates continued appetite for life‑science service providers despite broader fundraising headwinds.

Fundraising Climate & Emerging Tech

General Atlantic entered early talks to lead a $2bn‑plus round for China’s Kling AI, targeting the video‑generation arm of Kuaishou Technology as investors seek exposure to generative‑AI applications in the Asian market. At the same time, private‑equity firms face a tougher capital‑raising environment, prompting GPs to adopt tighter LP communications and extended fundraising timelines, as outlined in recent guidance on maintaining investor confidence GP fundraising advice. The combination of high‑value strategic acquisitions and cautious capital deployment reflects a nuanced private‑equity landscape where firms balance growth ambitions with an increasingly scrutinising limited‑partner base.