Baird Capital has closed an oversubscribed single-asset continuation vehicle for Blue Matter Consulting, a consulting firm serving the life sciences industry. The deal provides liquidity to existing investors while maintaining exposure to the specialist advisory business, reflecting continued sponsor interest in continuation vehicles for high-performing assets.

In Italy, PAI Partners and Fondo Italiano d'Investimento's FICC II fund have agreed to acquire Mecaer Aviation Group, a manufacturer of flight-critical systems and components. The deal adds to PAI's industrial holdings and underscores private equity's appetite for aerospace supply chain businesses with specialized engineering capabilities.

Separately, Bregal Milestone backed an AI-powered predictive building energy manager, the latest example of growth equity investors targeting sustainability-focused software platforms. The three transactions illustrate continued deal flow across European private equity despite broader market uncertainty.