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Private Equity 8 Hours

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6 articles summarized · Last updated: LATEST

Last updated: July 25, 2026, 5:30 PM ET

Private Equity Funding and Dealmaking

Elon Musk's tunneling venture, The Boring Company, is reportedly at a $20 billion valuation. In other deal news, Bluestone Equity Partners led a $55 million growth round for cue sports platform Poolhouse, a deal from Bluestone's first $350 million fund. Shore Capital announced the sale of a 102-property veterinary portfolio to Four Corners Property Trust for $268 million, marking the full realization of its inaugural real estate fund.

M&A Activity and Strategic Moves

Australian wealth manager Perpetual has rejected a revised A$2.5 billion takeover offer from EQT, citing a persistent price gap. Separately, Blackstone Infrastructure has extended the merger deadline for TXNM Energy to May 2027, allowing more time for regulatory approvals in New Mexico. In the sports sector, Blue Owl has acquired a stake in the Cleveland Cavaliers, highlighting the growing appeal of sports franchises to private equity investors.