Focus Financial Partners Acquires EverNest Financial Advisors
Focus Financial Partners announced the acquisition of EverNest Financial Advisors, a Carmel, Indiana-based RIA managing about $960 million in assets. The deal, disclosed on Thursday, will integrate EverNest into Focus Wealth Partners, its largest subsidiary. Deal terms were not disclosed.
Aliter Capital Consolidates BBS Law and Carter Bond Into New Orwins Legal Group
Private equity firm Aliter Capital merged its two UK law firms, BBS Law and Carter Bond, to form the newly branded legal group Orwins. The consolidation creates a national platform with 150 staff and $28.8 m in revenue, aiming to double...
Xactus, Backed by Lovell Minnick, Acquires Company to Form XedaLink Subsidiary
Xactus, a private equity‑backed firm supported by Lovell Minnick, announced the acquisition of an undisclosed company that will operate as XedaLink, an independent subsidiary of Xactus. The deal was reported on May 27, 2026.
Jardines Buys I-MED Radiology Network for A$3.4bn From Permira
Jardine Matheson Holdings (Jardines) has agreed to acquire 100% of I‑MED Radiology Network, a leading diagnostic imaging and teleradiology provider, from Permira’s UK platform and other shareholders for an enterprise value of A$3.4 billion (US$2.4 billion).
Healthside Partners to Acquire Quorum Health Assets in Nonprofit Transition
Quorum Health, a private‑equity‑owned hospital operator, announced a definitive agreement to transfer its assets to nonprofit system Healthside Partners. Healthside will acquire the assets without assuming liabilities, with the transition slated to close in the fall and includes over $300 million...
Hg Spins Out $545M of Visma Assets as IPO Plans Stall
Private equity firm Hg transferred roughly $545 million of assets from its Visma software platform into a newly created Luxembourg vehicle called Norvato. The carve‑out includes about 30 Visma subsidiaries and involves participation from Visma investors such as Intermediate Capital...
Kone to Acquire TK Elevator for $34.4B, Creating World's Largest Elevator Manufacturer
Kone announced it will acquire Germany‑based TK Elevator for about €29.4 billion ($34.4 billion) in cash, shares and assumed debt, creating the world’s largest elevator maker. The deal marks a major private‑equity exit for Advent International and Cinven, who have owned TKE...
Arctos Partners Acquires 3% Stake in Cleveland Browns at $9B Valuation
The NFL approved Arctos Partners’ purchase of an approximately 3% minority stake in the Cleveland Browns, valuing the franchise at $9 billion. This marks Arctos’ third NFL investment and the first tranche of a planned 10% ownership. The capital will help...
HighGrove, Backed by Agellus, Acquires Lawn Enforcement Agency
Atlanta-based commercial landscaping firm HighGrove, backed by private equity firm Agellus, announced the acquisition of Lawn Enforcement Agency. The deal expands HighGrove's service portfolio in the landscaping market. Financial terms were not disclosed.
Bain Capital Closes $10.5bn Asia Fund, Smashing Target
Buyout giant Bain Capital announced the final close of its largest Asia-focused fund, raising $10.5 billion and exceeding its target. The fund will be used to pursue buyout opportunities across the region, marking a significant milestone for the firm’s Asian investment...
EMS Acquires American Metals Supply
EMS, a Florida-based distributor of aluminum products backed by Wynnchurch, has completed the acquisition of American Metals Supply, expanding its product portfolio and market reach in the aluminum distribution sector.
Avem Partners Acquires Precision Aircraft Machining Co. (Pamco)
Avem Partners, a Manhattan Beach-based private equity firm, has completed the acquisition of Precision Aircraft Machining Co. Inc. (Pamco), a Sun Valley precision manufacturing company that supplies fluid conveyance fittings to aerospace and defense giants such as SpaceX, Boeing and...
HIG Capital Acquires International Aerospace Coatings
HIG Capital announced the acquisition of International Aerospace Coatings (IAC), a provider of coatings for original equipment manufacturers, airlines, and MRO providers. The terms of the deal were not disclosed. The transaction expands HIG Capital's portfolio in the aerospace sector.
Balance Point Invests in The Edge as Serent Capital Acquires the Jewelry Retail Software Provider
Balance Point has injected capital into The Edge, a jewelry retail software provider, in connection with Serent Capital's acquisition of the company. The amount was not disclosed, and the transaction was announced on May 14, 2026.
Apollo Acquires Majority Stake in Noble Environmental
Apollo-managed funds have acquired a majority interest in Noble Environmental, a vertically integrated US waste management company. The deal expands Apollo’s infrastructure portfolio and includes a renewable natural gas segment. The transaction was advised by Guggenheim Securities, with legal counsel...