Private Equity 24-Hour Briefing
×Last updated: October 2, 2026, 2:02 PM ET
Private Equity
Apollo Global Management extended daily pricing to investors across its entire $850 billion credit platform, marking a significant step in the push for greater transparency in private credit. The move comes as the industry faces mounting pressure from regulators and limited partners to provide more frequent valuations on traditionally illiquid assets.
Partners Group announced plans to split its €6.6 billion Global Value SICAV evergreen fund in two, following redemption limits that had constrained investor exits. The restructuring will create separate vehicles for different liquidity profiles, allowing the firm to better manage redemption requests while maintaining its investment strategy.
Deal Activity
Clearlake Capital-backed Intertape Polymer Group acquired Clysar, a Clinton, Iowa-based manufacturer of polyolefin shrink film for retail, food, and industrial applications. The bolt-on acquisition expands IPG’s product portfolio in the packaging sector.
Vestar Capital Partners-backed Roland Foods agreed to acquire Savor Brands from Dot Foods. Chesterfield, Missouri-based Savor Brands supplies global ingredients and frozen products, strengthening Roland Foods’ distribution capabilities in the specialty food market.
Banner Capital formed its third Fund II platform by acquiring Seaway Plastics Engineering, a Port Richey, Florida-based provider of outsourced design and manufacturing services. The deal creates Seaway Group, which will pursue additional add-on acquisitions in the precision plastics sector.
Bernhard Capital sold EPIC Piping to One Equity Partners. The Baton Rouge, Louisiana-based pipe fabrication platform serves critical infrastructure end markets, and the transaction marks a successful exit for Bernhard Capital’s investment strategy.
One Equity Partners acquired a majority stake in Myriad360, a systems integrator founded in 2003 that provides services across AI, cloud, and managed services. The deal reflects growing private equity interest in IT services platforms with recurring revenue models.
Diversis bought a majority stake in Tideworks, a Seattle-based provider of terminal operating systems for marine and intermodal operations, from Blackstone-backed Carrix. The acquisition targets the logistics technology sector, which has seen increased PE deal flow.
Consumer & Healthcare
Private equity firms are targeting skincare brands, with Health Edge, MPK Equity, and Towerbrook among those pursuing deals in the sector. At least eight transactions involving PE buyers have been tracked, as investors seek steady demand from consumer loyalty to premium personal care products. Separately, AI demand in veterinary care drove Chicago Pacific’s exit from CoVet AI.
Pophouse acquired a stake in Sia’s master music rights, marking the firm’s third artist partnership of 2026. The deal follows Pophouse’s July acquisition of rights from another major artist, as music intellectual property continues to attract institutional capital.
Education & Training
TDR Capital’s Lyceum Education Group struck a deal for Aspiration Training, a UK provider of apprenticeships and vocational training. The acquisition expands Lyceum’s footprint in the skills development market, which has seen increased regulatory support in the UK.
Queen’s Park Equity-backed Canford Group completed the acquisition of Lemonaid Motor Legal, a Rotherham-based provider of white-label first notification of loss and claims management services. The bolt-on is Canford’s second such deal, adding legal services capabilities to its portfolio.
Venture Capital & Startups
Europe’s fastest-growing companies are being tracked by Sifted’s 250 ranking, which highlights the region’s most dynamic startups. The list reflects a shifting landscape where scaleup funds are gaining prominence as investors seek to deploy capital in later-stage growth companies.
Blackstone’s Jas Khaira will take the Builders Stage at Tech Crunch Disrupt 2026 to discuss building the next generation of AI giants. The appearance underscores the growing convergence between private equity and venture capital in artificial intelligence.
Startup founders are advised to carefully select their cap table investors, as the wrong backers can make or break a company. The guidance comes as venture capital remains highly competitive for top-tier deals.
Europe’s sovereign AI push needs customers as well as capital, according to Crunchbase News Research Lead Gené Teare, who moderated panels at industry events. The observation highlights the challenge of building commercial demand alongside government-funded infrastructure.
Marine and nautical startups have seen stepped-up funding, with venture backers pouring close to $3 billion into the sector over the past year. The surge reflects investor appetite for ocean-related technology and sustainability plays.
Korea Venture Investment Corporation seeks to commit 30 billion Korean won to domestic blind-pool venture capital funds for 2026. The commitment from the state-backed fund of funds signals continued government support for the Korean startup ecosystem.
People Moves
Encore Consumer Capital hired former Riverside Company principal Caroline Shettle as a director, where she will focus on deal origination, execution, and portfolio oversight. The hire strengthens the firm’s consumer-focused investment team.
Market Context
The Sifted Summit concluded its two-day event with networking and insights, as European founders and investors gathered to discuss fundraising trends and sector opportunities. The conference highlighted the ongoing shift toward later-stage growth equity in the region.