Private Equity 8-Hour Briefing

Last updated: July 25, 2026, 8:30 PM ET

Private Equity Dealmaking and Valuations

Elon Musk's tunneling startup, The Boring Company, is reportedly at a valuation of $20 billion. In a separate development, Bluestone Equity Partners led a $55 million growth investment in Poolhouse, a cue sports platform. This deal marks the tenth deployment from Bluestone's initial $350 million fund.

Fund Realizations and Strategic Moves

Shore Capital has fully realized its first real estate fund with the $268 million sale of a veterinary portfolio to Four Corners Property Trust. Meanwhile, Perpetual has again rejected an increased A$2.5 billion offer from EQT, citing a persistent price gap. In infrastructure, Blackstone Infrastructure has extended the merger deadline for TXNM Energy to May 2027, allowing more time for regulatory approvals.