Private Equity 8 Hours

Last updated: September 9, 2026, 2:35 PM ET

Deal Flow

Private equity activity picked up sharply over the past 24 hours, led by a blockbuster aerospace exit. Warburg Pincus and Berkshire Partners are selling Consolidated Precision Products to GE Aerospace in a deal valued at $11.75bn, marking one of the largest industrial disposals of the year. The transaction caps a lengthy hold period for the two sponsors, who built CPP into a leading supplier of complex castings and forgings for jet engines and airframes.

Cerberus Capital Management also banked a significant return, handing its triple net lease financing platform Tenet Equity to CBRE Investment Management for $1.6bn. The sale represents a full exit for Cerberus, which founded the platform five years ago and grew it into a major player in the sale-leaseback market.

In Europe, HOF Capital completed a €1bn purchase of Porsche's stakes in Bugatti Rimac and Rimac Group. The consortium deal sees Rimac Group retain its 55% controlling stake in Bugatti Rimac, with HOF Capital replacing Porsche as a shareholder in both companies. The transaction values the combined entities at roughly €1.8bn and underscores continued investor appetite for high-performance EV and hypercar assets.

Healthcare & Life Sciences

Healthcare services continued to attract both buyers and sellers. Great Point Partners has exited MLM Medical Labs, selling the central and specialty lab services provider to Labcorp. MLM supports clinical trials and biomarker testing for life sciences and biopharma companies, making it a strategic fit for Labcorp's growing drug development segment.

Eir Partners acquired Accumulus Technologies, a San Francisco-based company operating a cloud platform that connects more than 75 regulatory authorities with life sciences firms worldwide. The platform streamlines regulatory submissions and approvals, a niche but increasingly critical function as drug developers face mounting compliance burdens.

In behavioral health, Albaron Partners exited Prime Psychiatry in a sale to Beacon Behavioral. Prime Psychiatry operates across the Dallas-Fort Worth and Austin markets, providing outpatient and interventional psychiatric care including TMS and Spravato treatments for children and adolescents.

The broader healthcare investing landscape remains under pressure, however. A new analysis highlights why the sector is in critical condition, with rising labor costs, reimbursement headwinds and regulatory uncertainty weighing on returns. Notably, CVC's incoming co-CEO is a healthcare specialist, signaling where the firm sees future value.

Consumer & Specialty Manufacturing

Windsong Global continues to build its beauty platform at pace. Belle Brands, the multi-brand vehicle the consumer-focused investment firm assembled in 2024, has acquired Vegamour, a hair wellness brand. The addition extends Belle's portfolio into the fast-growing scalp and hair health category, which has seen surging consumer demand for clinically backed products.

New Water Capital completed two acquisitions in the specialty manufacturing space. The firm acquired Lid Works, a family-owned foodservice lid manufacturer based in Plant City, Florida, that has designed custom food, beverage and specialty lids for quick-serve and convenience store brands since 1985. The deal follows the firm's broader strategy of consolidating niche packaging suppliers.

Glen Oaks Capital and Tecum Capital teamed up to acquire Stan Chem and Dux Coatings, combining the two Connecticut-based resin and coatings makers into a single platform serving architectural, industrial and specialty markets.

Align Capital's MKB Company acquired Siltworm, an Indiana-based maker of proprietary rolled filter products that control sediment and reduce erosion using lightweight, biodegradable fill material. The acquisition adds an environmental infrastructure niche to MKB's portfolio.

Point 41 Capital acquired Safe-Way Garage Doors from CW Industrial Partners. The Warsaw, Indiana-based company has manufactured customizable residential and commercial overhead garage doors since 1959.

Tech, Media & Security

Apax Funds acquired Next Gen Security from Dunes Point Capital. The Exton, Pennsylvania-based company designs, installs and maintains integrated security systems including video management, access control and intrusion detection. The deal reflects continued PE interest in physical security as enterprises upgrade legacy infrastructure.

HIG Capital made a significant investment in Click Here Digital, a Baton Rouge-based performance marketing firm serving automotive, legal and government clients since 1993. HIG's backing will support the company's expansion into new verticals and geographies.

West Bridge-backed Koto completed its first acquisition with the purchase of Stereo Creative, bringing a portfolio of long-standing client relationships across sport, entertainment and technology, including Nike, Arsenal, FIFA and EA Sports.

Thoma Bravo made a strategic growth investment in Tanda, an Australian workforce management platform built for shift-based employers. The deal marks Tanda's first outside investment and gives Thoma Bravo a beachhead in the ANZ HR tech market.

Loft Orbital struck a billion-dollar deal with UAE's Marlan Space to build an AI-powered satellite constellation. The agreement underscores the growing convergence of space infrastructure and artificial intelligence, with Loft Orbital's standardized satellite buses providing a scalable platform for Marlan's AI payloads.

Fundraising & Leadership

Peterson Partners raised a $510m continuation fund for Kelso Industries, the Draper, Utah-based mechanical, electrical and plumbing services provider operating across more than 40 states. The continuation vehicle provides liquidity for existing limited partners while injecting fresh capital for add-on acquisitions.

Harbour View Equity Partners hired Patrick Morin, a Cambridge Associates alum, as managing director. The multi-strategy investment firm, focused on music, sports, media and entertainment, manages approximately $3.88bn in regulatory assets under management.

Tikehau Capital appointed Piero Migliorini as head of private equity Italy. Martino Mauroner, currently deputy head of private debt and head of private debt Italy, has been appointed co-head of Italy alongside Daniele Germano, signaling Tikehau's push to expand its Italian footprint across both asset classes.

Frazier Healthcare Partners named a former McKesson strategy chief as senior partner. The healthcare-focused PE firm, which has invested in more than 200 companies since 1991, is bolstering its operational capabilities amid a challenging healthcare investing environment.

Market Dynamics

Apollo's Scott Kleinman offered a candid assessment of the exit environment, arguing that exits aren't the problem—pricing is. Speaking at an industry event, the co-president said sellers remain unwilling to accept the prices the market is currently offering, creating a standoff that continues to suppress deal volumes despite robust buyer demand.

In venture, Norwest partner Sean Jacobsohn shared the sales test he gives founders before investing. In an interview with Crunchbase News, he discussed where he still sees openings in the crowded finance software market and how far companies should push their sales capabilities before seeking outside capital.

Two former Google Deep Mind scientists raised €3.2m to build software for fusion startups, a niche but rapidly growing segment of the clean energy tech ecosystem.

Finally, a lighter note for dealmakers planning team retreats: a new guide on offsites suggests candle making, line dancing and no hard booze as the formula for productive team-building.