Private equity firms are accelerating dealmaking as Lightyear Capital prepares to carve out PayByPhone from Corpay, capitalizing on growing demand for mobile parking solutions. The move signals continued investor interest in transportation technology and digital payment platforms.

Meanwhile, New Catalyst Strategic Partners is providing capital to Ferghana Investment Partners, while Mubadala Capital and TWG Global have agreed to acquire Clear Channel. These transactions highlight the ongoing consolidation trend in private markets as firms seek strategic partnerships and expansion opportunities.

The flurry of activity demonstrates how private equity firms are actively deploying capital across multiple sectors. With mobile payment adoption accelerating and outdoor advertising evolving, these deals position investors to capitalize on shifting consumer behaviors and technological advancements.