Private Equity 8 Hours

Last updated: June 18, 2026, 2:30 PM ET

Industrial & Infrastructure M&A

Consolidation within the industrial and infrastructure sectors remains aggressive as firms deploy record levels of dry powder. JFLCO-backed FSG expanded its footprint in the aerospace and defense markets by acquiring Sheffield-based Custom Alloy Corporation, while EQT is set to acquire Berlin-based Exolaunch to bolster its presence in the satellite deployment and space-tech ecosystem. Meanwhile, the infrastructure software space is attracting specialized capital, evidenced by Riverside Company investing in Asset Intel, an analytics firm serving federal agencies and transit authorities, and Bertram Capital-backed Ridgeline Roofing executing a bolt-on strategy with the acquisition of Freedom Roofing & Construction to scale its residential and commercial service offerings.

Software & Specialized Services

Private equity continues to target niche software providers that offer sticky, recurring revenue models. Omni Partners-backed Infoshare picked up DEF Software, a provider serving more than 60 local authorities across the UK, illustrating the ongoing appetite for government-tech consolidation. In the medical technology space, Avista-backed EBI acquired the Xstim bone healing unit from Precision Medical Products to enhance its portfolio of implantable and non-invasive stimulation solutions. At the earlier stage of the capital spectrum, Flagright raised $12.5M in a Y Combinator-backed round, signaling a continued investor focus on scaling compliance and financial technology platforms for the U.S. market.

Market Strategy & Secondaries

The infrastructure secondaries market is emerging as a focal point for institutional capital as it transitions from an undercapitalized niche to a mature asset class. Allianz Global Investors is actively increasing its exposure to the space, citing a high volume of attractive opportunities as the market reaches a new scale. This growth coincides with structural challenges in secondaries that require careful navigation as firms evaluate future expansion. Amidst this activity, Charterhouse is nearing completion of its latest fundraise, underscoring the resilience of long-standing firms in a market where deal flow remains high despite a broader deceleration in the pace of final exits.

Corporate Governance & Talent

Firms are sharpening their internal focus on industrial growth and board-level oversight to navigate the current technological disruption. Arsenal Capital appointed Max Schechter to lead its industrial growth business development, a move aimed at deepening ecosystem relationships and supporting the execution of more complex industrial deals. Concurrently, strategic advisers are warning that boards must confront AI disruption rather than waiting for performance lags, a sentiment echoed by AT&T Ventures as it redefines how seed-stage software companies establish defensibility in an era of lowered development barriers.

Divestitures & Consumer Assets

Portfolio management remains a priority as firms prune assets to optimize returns. Platinum Equity is preparing to sell Heat Controller, an HVAC equipment supplier it acquired earlier this year as part of a larger investment in Motors & Armatures, Inc. On the consumer side, BGF invested in Wild Frontiers to support the adventure travel operator, which currently manages over 375 tours annually across 60 global destinations, reflecting a broader interest in experiential travel as an investable theme.