Private Equity 8 Hours

Last updated: August 4, 2026, 2:31 PM ET

Private Equity Dealmaking and Fund Activity

Wind Point Partners has acquired ECI, a managed services provider for alternative asset managers and regulated financial firms, from H.I.G. Capital. Advent HarbourVest have agreed to acquire FNZ Bank in Germany, which serves over 50,000 financial advisers and 200 asset managers. Wynnchurch-backed Trimlite purchased doormaker Barnett Millworks, expanding its reach into the Southeast market. EIP OceanSound-backed Convey acquired Selectron, a provider of government and utility software, bringing together companies focused on omnichannel communications and engagement operating systems. Nordic Capital is set to acquire BWX Technologies' medical isotopes business for up to $800 million. BV Investments is supporting workforce compliance service provider Thomas & Company in its next growth phase. TSG Consumer has taken a majority stake in body care brand Saltair, valuing the company at the top of its category. Sheridan Capital has acquired Carolina Components Group, a provider of custom-engineered bioprocessing assemblies has launched its debut credit secondaries strategy, aiming to invest in various credit deals with an emphasis on senior lending. Apollo is reportedly halfway to its target for Fund XI, which aims to raise between $22 billion and $25 billion and began fundraising in February. Met Life Investment Management has closed its third managed secondary transaction, raising approximately $1.2 billion for its private equity partners fund with Lexington Partners as the lead investor €5 billion tech superfund is now officially open for business.

Venture Capital and Startup Investments

Global venture funding reached $65 billion in July, a 100% increase year-over-year, marking a historic run with the highest number of billion-dollar venture rounds recorded. A16z has backed Happy Robot at a valuation of $1.2 billion. Bending Spoons made its first acquisition since its IPO, agreeing to a $2.25 billion deal for Airtable. AshGrove has invested in 10x Banking, a company that provides cloud-native core banking technology for financial institutions. Nscale will provide computing resources to AI researchers at Oxford, UCL, and Imperial.

Sector-Specific Private Equity Focus

Private equity is showing increasing interest in naval-centric deals, with the U.S. Navy budget exceeding $300 billion. KKR has agreed to acquire Integer Holdings, a medical device company, in an all-cash transaction valued at approximately $5.7 billion for improved GP reporting standards from LPs, while also warning that impact investing is being unfairly associated with ESG concerns. Blue Owl is bolstering its talent in Tokyo. Tech leaders are invited to host side events during Tech Crunch Founder Summit Week in Boston, which is expected to draw over 1,100 founders, investors, and tech leaders.