Private Equity 8 Hours

Last updated: July 1, 2026, 2:30 PM ET

Dealmaking & Fundraising Activity

KKR has agreed to acquire the North American renewables arm of French utility EDF for approximately $4.2 billion, with potential further payments of up to $390 million, marking a significant clean energy investment KKR to buy. The firm is also taking control of a $1.3 billion renewable energy platform in South Korea, partnering with SK to establish the nation's largest clean power business and support its AI infrastructure build-out KKR takes control. In a separate transaction, Monomoy Capital is acquiring the quick lube and car service franchise Jiffy Lube for $1.3 billion from a subsidiary of Shell USA Monomoy Capital acquires.

Hamilton Lane has closed its sixth direct equity fund at $3.8 billion, its largest to date, through its Equity Opportunities Fund VI Hamilton Lane closes. Meanwhile, Ardian is packaging secondhand fund stakes into approximately $1 billion of debt via a collateralized fund obligation, capitalizing on a robust market for CFOs Ardian bundles. Behrman completed a $250 million continuation fund for Shurco, with Coller Capital leading the investment alongside Northleaf Capital Partners and Siguler Guff Behrman completes.

Sector-Specific Investments & Acquisitions

WILsquare-backed Automotive Color & Supply has acquired Ohio Paint Supply, expanding its regional distribution network across Indiana, Illinois, and Ohio WILsquare-backed Automotive Color &. Balance Point is investing in Aqua Verse, a platform designed to consolidate and grow pool service brands across multiple markets, which is backed by Trivest Balance Point invests. Volpi Capital has taken a majority stake in kgs, an archiving software firm that provides legally compliant document archiving solutions for enterprise SAP environments to over 375 customers Volpi Capital takes.

Truelink is investing in Horwitz, a firm specializing in mechanical, electrical, and plumbing services for complex, mission-critical commercial and industrial facilities in the Midwest Truelink invests. Investcorp-backed Sunrise Produce has acquired Family Tree Produce, a wholesale produce distribution company based in Southern California Investcorp-backed Sunrise Produce. Harvest Partners has acquired Integra Testing Services from Keystone Capital Management Harvest Partners scoops.

Other Notable Deals & Investor Moves

IVEST and Cloverlay are set to sell Care Bears to Authentic after quadrupling the business's value over three years, with the deal expected to close in the third quarter of 2026 IVEST Cloverlay. Inflexion has sold its manufacturer Avantus Aerospace to Arcline, where it will operate as part of Novaria Group Inflexion sells. Peak Rock is selling its geospatial services company SAM to New Mountain, having originally acquired SAM in 2021 Peak Rock sells. First Reserve-backed Trillium Flow Technologies has sold select valve businesses to Flowserve, excluding its French operations First Reserve-backed Trillium Flow.

William Blair has acquired investment bank Inner Circle Sports, which serves a wide array of clients including team owners, leagues, and media companies William Blair acquires. In the technology sector, Milan-based Bending Spoons, which operates a private equity-style acquisition model, priced its Nasdaq IPO above its range at $29.00 per share, raising $1.68 billion and allowing backers to cash in Bending Spoons prices. Separately, the self-driving technology startup Wayve is reportedly set to test the London Stock Exchange's Pisces trading platform Self-driving scaleup. Ardian Semiconductor has invested in VSORA, a fabless chip design company Ardian Semiconductor invests.

Investor Intelligence & Strategy

The Massachusetts Water Resources Authority (MWRA) has issued a request for proposals for a private equity buyout mandate, planning to commit up to $20 billion MWRA issue RFP. Brookfield has expanded its financing framework with Bloom Energy fivefold to $25 billion, deepening a partnership focused on building and financing rapid power for AI infrastructure, a significant increase from October 2025 Brookfield lifts. PE International has released its latest Global Investor 150 ranking, detailing the most active private equity investors, and also noted Canada's BCI tripling its PE exposure PE’s biggest investors. Blue Wolf has appointed Vanessa Generelli as its Chief Financial Officer, with Eve Mongiardo continuing as a partner and chief compliance officer Blue Wolf taps.