Private Equity 8 Hours

Last updated: August 6, 2026, 2:32 PM ET

Private Equity Dealmaking and Portfolio Activity

Arlington-backed TRP has completed five add-on acquisitions to establish a new highway plastics division under the Gulf Highway Materials platform. Facility Grid backed by Nexa Equity, has acquired autonomous commissioning firm Ping Cx, integrating it to introduce a new product strategy with three offerings: FG Construct, Validate, and Sustain. LS Power is set to acquire the Brazos Valley gas-fired power plant from Constellation, fulfilling a regulatory divestiture requirement related to Constellation's 2025 acquisition of Calpine. Veritas is acquiring Saber Power Services, a vertically integrated power infrastructure services platform, from Greenbelt. RedBird's Affinia added Wilson Partners, a UK-based accounting firm serving SMEs and private investors, through a tie-up backed by Fordhouse. Verdane has made a majority investment in Factbird, a Danish IoT and recurring software company that provides manufacturing intelligence services. Partners Group is acquiring a majority stake in AVK Power, which has delivered over 20,000 projects and installed approximately 3.5GW of power for data centers across Europe's FLAP-D markets.

Sector Focus and Strategic Investments

Apollo has secured a recommended cash offer for easy Jet valuing the FTSE 100 airline at approximately £5.7bn, concluding a swift four-week bidding process. Sachs Asset Management is reportedly preparing to sell data center contractor Divcon. Broad Sky completed the sale of its professional services firm Smith + Howard to TPG, after growing the business fourfold direct loan to finance Med Impact Holdings' planned acquisition of Medical Card System, a Puerto Rico-based entity. The UK has expanded its talent visa program to include over 100 additional companies.

Investor Intentions and Fundraisings

The GP-led secondary market demonstrated significant dominance in the first half of the year, driven by fundraising and expansion into new asset classes alongside market volatility. Italian pension ENPAV has released a request for proposals (RFP) seeking private equity co-investment opportunities. MMAA intends to commit 300 billion Korean won to domestic blind-pool private equity and venture capital funds for 2026. Korea Post is planning to commit 60 billion Korean won to domestic blind-pool venture capital funds in 2026. Danish retirement Industriens Pension is considering increasing its exposure to infrastructure secondaries, favoring indirect investments and having committed to all five infrastructure secondaries vehicles managed by Pantheon. G Squared raised $2.3bn for its seventh flagship fund, which is twice the size of its predecessor and took half the time to raise, indicating a heated venture secondaries market. Mega-firms are largely navigating fundraising and exit headwinds effectively, while OMERS is planning a fivefold increase in its private equity portfolio. Jersey's Division of Investment is evaluating re-ups and new opportunities on equal footing, despite not facing liquidity concerns in the current exit market environment.

Venture Capital Trends

A dataset of 454 repeat founders who have participated in Y Combinator's cohorts revealed significant insights into the growing trend of second-time founders within the accelerator program.