Private Equity 8 Hours

Last updated: August 20, 2026, 11:00 AM ET

Private Equity

TJC is preparing to launch a sale process for Dental365, a dental services company operating across eight states, as the weekly private markets update highlights growing M&A activity. The same report notes that Apax exited its residential warranties business OnCourse through a sale to Genstar, underscoring continued momentum in sector consolidation.

Valor Exterior, backed by Osceola Capital, has acquired Dick's Roof Repair, a Wisconsin-based roofing and siding contractor founded in 1957 and now led by Jeff Milkie. The deal expands Valor Exterior's footprint in the Midwest home services market, where demand for exterior maintenance continues to outpace supply.

WSB, backed by GHK Capital, has added Civil Infrastructure Associates (CIA) to its portfolio. Founded in 2009, CIA specializes in water and wastewater utilities, civil/site design, aviation infrastructure, and surveying services for municipalities and public agencies across Tennessee.

Vesterra has supported Bland Landscaping's acquisition of two South Carolina firms: Charleston Grounds Management and Clear Lakes and Wetland Services. The combined entity now serves commercial clients and homeowner associations along South Carolina's coast, strengthening Bland's position in the regional landscaping and aquatics maintenance market.

Stone Point has completed its purchase of Ever.Ag's risk management unit, a business providing risk management solutions to agricultural producers, processors, and cooperatives. The acquired unit will operate as an independent company under its current leadership and will adopt a new brand identity.

HPS and Oaktree have taken control of MBS Group, a Hollywood supplier of lighting rigs and production equipment serving studios including Netflix and Warner Bros Discovery, following the company's default. The move reflects growing private credit influence in media infrastructure financing.

Churchill and Temasek's Seviora have partnered to launch a $400M continuation fund, backed by collateral spanning private equity assets. The vehicle targets secondary market opportunities amid increased LP demand for liquidity solutions.

CVC has agreed a majority investment in OpenRent, a UK-based direct-to-landlord rental platform used by over 8.8 million landlords and tenants. With more than one in five UK tenancies now running through the platform, CVC's entry values the business at a significant premium to its last valuation.

CVC has also partnered with Standard Life to launch a UK pension risk transfer platform backed by up to £2bn in commitments. The joint venture targets the largest corporate pension schemes in the UK, marking CVC's deeper push into insurance asset management.

Venture Capital

Domyn, an AI model maker, has raised over $1.1bn in funding, reflecting investor appetite for enterprise-grade artificial intelligence infrastructure. The round underscores the premium being placed on companies building foundational AI capabilities.

Callosum has secured $100m in seed funding led by Atomico to address AI compute bottlenecks. The startup aims to build distributed compute networks that reduce reliance on centralized data centers, a growing concern as AI training costs escalate.

Phoenix Equity has backed Medmark, an Irish occupational health provider founded in 1987. Medmark delivers health screening, workplace medical assessments, and employee wellbeing services to over 500,000 employees from nine locations across Ireland, benefiting from rising corporate focus on workforce health.

Strategic Moves

Continental Resources has agreed to acquire FireBird, a Texas-based upstream oil and gas company focused on the responsible development of assets in the Midland Basin. The acquisition signals renewed upstream consolidation amid stabilizing commodity prices.

a16z's Borderless Founder initiative is prioritizing immigrant and international founders in AI investing, betting that entrepreneurs with one foot in their home markets and one in Silicon Valley hold a structural advantage in scaling global technology platforms.

Tabs, founded by Ali Hussain after he abandoned a humanities Ph.D., has grown into a $400M AI fintech. The company's success story highlights how non-traditional founders are increasingly attracting venture capital in the age of artificial intelligence.