Altor has acquired a majority stake in Eltera Gruppen, a Norwegian electrical installation services provider, from Valedo. The private equity firm plans to leverage its Nordic growth momentum. Eltera operates across Norway with 30 entities and 1,000 employees, focusing on decentralized service models. Altor's acquisition signals continued private equity interest in specialized service providers despite market volatility.

The UK's Competition and Markets Authority finalized pet care sector reforms, implementing legally binding measures like price lists and prescription fee caps. These changes aim to boost competition and lower prices, following a market investigation. Private equity investors in the sector expressed relief, as the CMA avoided forced asset disposals, adopting a "lighter touch" approach that paused dealmaking in UK vet spaces.

Spire Healthcare, a major UK private healthcare provider, confirmed discussions with Bridgepoint and Triton private equity firms ended. Spire's share price plummeted from £850 million market cap to 144p, reflecting market uncertainty after the firms exited talks. Bridgepoint's ownership of PEI Group, PE Hub's publisher, adds context to the sector's shifting dynamics.