DigitalBridge, a data‑center specialist, agreed to buy ArcLight Capital, the power‑and‑infrastructure private‑equity sponsor, for $1.05 billion. The deal signals a shift toward energy‑related assets in DigitalBridge’s portfolio, which already spans real‑estate and infrastructure. ArcLight’s track record in renewable projects adds depth to the buyer’s growth strategy. This acquisition positions DigitalBridge to capture rising demand for sustainable data‑center power across the energy sector.

Meanwhile, KKR exited its stake in Circor’s aircraft‑fluid‑control and landing‑gear unit, selling it to Parker‑Hannafin for $2.55 billion. The transaction values the group at roughly 12 times EBITDA, underscoring the sector’s robust profitability. The sale frees KKR to redirect capital toward higher‑yield opportunities in the infrastructure arena. This move aligns with KKR’s strategy to concentrate on core private‑equity investments in 2025.

Both deals illustrate a broader trend of private‑equity firms sharpening focus on high‑growth subsectors while monetizing non‑core assets. DigitalBridge’s purchase of ArcLight injects renewable expertise into a data‑center heavyweight, whereas KKR’s divestiture of Circor’s unit frees resources for future bets. Investors watch closely as capital flows reshape the infrastructure landscape. These movements set the stage for competition among asset managers.