Private Equity 8 Hours

Last updated: June 23, 2026, 11:30 AM ET

Private Equity Activity & Dealmaking

Private equity firms are actively pursuing diverse investment opportunities, with significant capital being deployed across various sectors. L Catterton took a minority stake in clean haircare brand RŌZ, while Berkshire Partners agreed to invest C$1.775 billion in Harbourfront Wealth Group. In the technology sphere, Juniper Capital is backing AV systems design firm Bug ID. The live events sector is experiencing a surge in private equity interest, with firms like Apollo, Hellman & Friedman, and Platinum Equity investing in the space, anticipating continued growth in a market projected to exceed $1.2 trillion by 2032. This broad investment appetite is also evident in infrastructure secondaries, where Pantheon's latest flagship fund surpassed its target, with Ardian's fund also ranking among the largest.

Fund Exits & Restructuring

While new investments are prominent, several firms are also navigating exits and portfolio adjustments. CVC Capital Partners is reportedly weighing a €6 billion exit from Cooper Consumer Health, with Stada emerging as a potential buyer. In a separate transaction, CVC agreed to sell its entire stake in Philippine logistics leader Fast Logistics Group, marking the end of a five-year holding period. Meanwhile, Apollo's primary retail credit fund is only able to meet 5% of redemption requests, indicating strain on liquidity within certain vehicles. In a notable shift, Virginia pension fund has reduced its private equity target for the first time in over 15 years, citing market volatility concerns.

Sectoral Investments & Trends

Private equity's focus extends to specialized and growing industries. In healthcare, PE-backed Life Science Connect acquired biopharma brands Pharma Source and CDMO Live to create a biopharma outsourcing platform. Incline Equity invested in West Physics, a provider of testing services for medical imaging equipment. The sports sector is also a target, with KKR-owned Arctos backing a $288 million stadium district development in Tennessee as part of a college sports expansion push. On the manufacturing front, Platinum Equity is set to acquire Tangent Technologies.

Strategic Partnerships & IPO Aspirations

Strategic partnerships and public market aspirations are also shaping the private equity landscape. Italian software acquirer Bending Spoons is seeking to raise up to $1.62 billion in an IPO, alongside some of its backers. In a move that could impact M&A activity, Japan's tax overhaul may provide a short-term boost to transactions ahead of significant changes in 2027. Furthermore, LPs are increasingly using side letters, with the proportion of GPs employing such mechanisms doubling, though this is creating back-office challenges. In the financial services sector, TPG appointed Axel André as CFO, freeing up the current finance chief to lead the firm's expanding private wealth division.

European Tech & Defense

Europe's technology sector continues to attract attention, with a focus on rebuilding domestic capabilities. Efforts are underway to strengthen Europe's tech stack as part of a broader strategy to enhance regional technological independence. This mirrors discussions around the role of public figures in fostering tech ecosystems, with figures like Manchester's former tech advocate Andy Burnham now looking to influence national policy. Separately, private capital is showing interest in the UK's defense sector, with AI playing an accelerating role in drug discovery and potentially other areas of innovation. Global hiring strategies are also being utilized as a growth mechanism for European businesses.