Private Equity 8 Hours

Last updated: August 6, 2026, 11:32 AM ET

European Dealmaking and Infrastructure Investments

Apollo has submitted a recommended cash offer to take easy Jet private, valuing the FTSE 100 airline at approximately £5.7bn. This offer concludes a swift four-week bidding process, marking a significant European take-private transaction. In the infrastructure space, Danish retirement scheme Industriens Pension is considering increasing its exposure to infrastructure secondaries. The scheme prefers indirect investments over direct ones and has already committed to all five infrastructure secondaries vehicles managed by Pantheon.

Power Sector Transactions and Data Center Focus

LS Power set to acquire the Brazos Valley gas-fired power plant from Constellation. This divestiture is a regulatory requirement stemming from Constellation's 2025 acquisition of Calpine. Partners Group in the process of acquiring a majority stake in AVK Power Solutions. AVK Power a track record of delivering over 20,000 projects and installing approximately 3.5GW of power for data centers across Europe's FLAP-D markets. Sachs Asset Management is reportedly preparing to sell its data center contractor Divcon. Separately, Broad has successfully divested its professional services firm Smith + Howard to TPG, a deal that PE Hub first reported. Broad Sky Tyler Zachem noted that the business is durable, with tax and audit advisory services being essential in both favorable and unfavorable economic conditions. Broad Sky grown Smith + Howard by four times prior to the exit. Veritas is also in the process of acquiring Saber Power Services, which is backed by Greenbelt. Saber Power as a vertically integrated power infrastructure services platform, assisting clients with the construction, modernization, and maintenance of critical electrical systems.

Healthcare and Financial Services Acquisitions

Ares Management is leading a $2.2bn direct loan to finance Med Impact Holdings' acquisition of Medical Card System, a Puerto Rico-based entity. KKR has agreed to take control of the Medicover India hospital network, which comprises 24 hospitals. This acquisition adds a scaled, multi-specialty healthcare network to KKR's existing portfolio. In the accounting sector, Red Bird's Affinia is merging with Wilson Partners, a UK-based firm that advises small and medium-sized enterprises, private individuals, and private equity investors. Wilson Partners backed by Fordhouse.

Private Equity and Venture Capital Fundraising

G Squared secured $2.3bn in capital, indicating a strong performance in the venture secondaries market. The firm's seventh flagship fund is roughly twice the size of its predecessor and was raised in half the time. MMAA is looking to commit 300bn Korean won to domestic blind pool private equity and venture capital funds in 2026. Similarly, Korea Insurance plans to commit 60bn Korean won to domestic blind pool venture capital funds for 2026. New Jersey Division of Investment is actively exploring opportunities in the current slower exit market, considering both re-ups and new investment prospects with equal footing, despite not facing liquidity concerns. A dataset analyzing repeat founders who have participated in Y Combinator's programs has revealed interesting insights regarding their increasing presence.

Other Notable Transactions and Investor Strategies

Verdane has made a majority investment in Factbird, a Danish company specializing in IoT and recurring software for manufacturing intelligence services. Partners Group reportedly in negotiations to acquire the beauty business Aroma-Zone from Eurazeo. Concurrently, CVC Veritas Capital are reportedly vying to acquire Bodycote, a provider of heat treatment and metallurgical services. Mega-firms are largely navigating fundraising and exit headwinds effectively, while OMERS is planning a fivefold increase in its private equity portfolio. Issues related to the communication of carried interest, or the lack thereof, are causing headaches for some investors.