Private Equity 8-Hour Briefing
×Last updated: October 5, 2026, 10:05 PM ET
Private Equity
TZP Group, HPS Investment Partners and Capital Dynamics back Pavilion, a newly launched vacation rental platform consolidating 20 local operators. The platform combines portfolios across key leisure markets, though financial terms were not disclosed.
Fvlcrum Funds acquires Fidelity Technology Services, a Reading, Pennsylvania-based defense simulation specialist serving U.S. government agencies. The deal expands Fvlcrum's footprint in mission-critical training and simulation services. Terms remained private.
Menlo Ventures invest in Factory days after Khosla Ventures publicly questioned the AI startup's viability. The fresh backing signals renewed confidence in Factory's enterprise automation platform, which counts several Fortune 500 clients among its roster.
Ghost, a personal AI computer maker, raises $11M in a round led by undisclosed investors. The 19-year-old founder's Core device retails for $3,499 and ships with native support for leading large language models.