Saudi Fund, Kushner Firm Face Canadian Pushback on US$55 Billion EA Takeover
Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners, and private‑equity firm Silver Lake have announced a $55 bn leveraged buyout of video‑game publisher Electronic Arts. The transaction includes $36 bn in equity and $20 bn in debt financing led by JPMorgan, with closing expected in the first quarter of EA's fiscal 2027. The deal faces opposition from a Canadian labour union concerned about job losses and data‑privacy risks.
TriSpan Closes Continuation Fund for Sugar Beets, Led by Kline Hill Partners
TriSpan has closed a single-asset continuation vehicle for its portfolio café‑bakery brand Sugar Beets Inc, with Kline Hill Partners leading the fund. The transaction provides new capital to support Sugar Beets' growth, though financial terms remain undisclosed.
Palliser Capital Builds Stake in Intertek as EQT Takeover Pressure Intensifies
Hedge fund Palliser Capital has acquired a minority stake in testing and inspection firm Intertek, intensifying pressure on private equity firm EQT's potential takeover bid. The transaction, disclosed on May 12, 2026, signals growing interest in Intertek from activist investors.
S2G Investments Closes $1bn Growth-Stage Solutions Fund
S2G Investments, a multi‑asset investment firm focused on food, agriculture, energy and oceans, announced the final close of its growth‑stage Solutions Fund, raising $1 billion. The fund will target technology‑driven companies in the food and agriculture sectors. The close marks the...
Enhabit Shareholders Approve $1.1B Kinderhook Acquisition
Enhabit Inc. shareholders approved the sale of the home‑health provider to private‑equity firm Kinderhook Industries for $1.1 billion, paying $13.80 per share in cash. The deal, first announced three months ago, will take Enhabit private and is expected to close soon...
Coller Capital Leads €635M Continuation Fund Raise for Verdane Portfolio Businesses
European buyout investor Verdane has closed a €635 million multi‑asset continuation fund, with the raise led by secondaries specialist Coller Capital. The vehicle provides liquidity and continued support for three of Verdane’s portfolio companies. The deal was announced on May 11, 2026.
Stonepeak to Acquire BMO Transportation and Vendor Finance
Stonepeak, an alternative investment firm, announced it will acquire BMO Financial Group’s Transportation Finance and Vendor Finance businesses. BMO will retain a 19.9% minority stake in the combined entity. The transaction was announced on May 11, 2026.
Bruin Capital Buys Stake in Sports Promoter Matchroom
Bruin Capital agreed to purchase a 15% minority stake in sports promoter Matchroom, valuing the company at over $1.35 billion. The deal, announced on Monday, gives Bruin a board seat while the Hearn family retains control. Financial terms of the transaction...
Befimmo Issues €475m Junk Bond to Fund Dividend Recap
Brookfield Asset Management-linked REIT Befimmo raised €475 million through a high‑yield bond issuance, part of a dividend recap to return capital to shareholders. The transaction reflects a growing trend among European private‑equity sponsors to use junk‑bond markets for dividend recaps amid...
European Wax Center Merges with Glow Midco Subsidiary in Cash Settlement
On May 8, 2026, European Wax Center, Inc. completed its merger with a wholly‑owned subsidiary of Glow Midco, LLC, an affiliate of General Atlantic. Shareholders approved the merger on May 7, and each EWCZ Class A share will be converted into...
FH Capital to Acquire Majority Stake in JinkoSolar's US Subsidiary
FH Capital announced it will acquire a majority stake in the US subsidiary of solar panel maker JinkoSolar, while JinkoSolar will retain a minority stake. The transaction expands FH Capital's presence in the US solar market. Deal terms and valuation...
Apis Partners Closes $1.23B Third Fund, Doubling Fund II Total
Financial infrastructure investor Apis Partners announced the closing of its third fund series with $1.23 billion in commitments, more than double the amount raised for its second fund. The new fund will be used to invest in fintech and financial services...
5th Century Partners Closes $276M Fund II
5th Century Partners, a lower mid-market private equity firm, announced the final close of its second fund at $276 million, nearly double its debut fund. The fund was oversubscribed, reflecting strong investor demand and marking a significant milestone for the...
PE-Backed Pye-Barker Scoops up AAA Fire Extinguisher Co
Pye-Barker, a fire protection, life safety and security services provider based in Alpharetta, Georgia, announced the acquisition of AAA Fire Extinguisher Co. The deal expands Pye-Barker's portfolio in fire protection services. Financial terms were not disclosed.
Ares Leads Baird Capital’s Life Sciences Single-Asset Continuation Fund
Ares Management has been named lead investor in Baird Capital’s life sciences single-asset continuation vehicle focused on Blue Matter Consulting. The continuation fund aims to provide liquidity and continued support for the portfolio company, with Ares taking a leading role....
Twin Bridge Capital Partners Closes Sixth Fund, Raising over $855M
Twin Bridge Capital Partners announced the closing of its oversubscribed sixth lower middle market fund, raising more than $855 million. The fund exceeded its target and is now fully funded, positioning the firm for further investments in the lower middle...
Bridge Growth Partners Closes $790M Continuation Fund for Solace
Bridge Growth Partners, a tech investor, has closed a $790 million single-asset continuation fund for Solace, a real-time data and agentic AI platform it backed a decade ago. The fund provides liquidity and supports Solace's continued growth. The transaction was...
MidOcean Partners Closes $300M Continuation Vehicle for Cloyes Gear and Products
MidOcean Partners announced the closing of a roughly $300 million single-asset continuation vehicle for its 2022 investment in Cloyes Gear and Products, an automotive components maker. The fund raise provides additional capital to support the portfolio company's growth and allows...
Tierra Adentro Growth Capital Launches TAG Capital Fund with Backing From New Mexico SIC
Tierra Adentro Growth Capital announced the launch of its debut TAG Capital fund, aimed at infrastructure investments in New Mexico. The fund secured backing from the New Mexico State Investment Corporation (SIC). The amount of capital raised was not disclosed.
KKR Completes Acquisition of Arctos Partners
KKR & Co. Inc. has closed its acquisition of Arctos Partners, a Dallas‑based firm that holds minority stakes in sports franchises such as Liverpool FC, Paris Saint‑Germain, the Golden State Warriors and the Los Angeles Dodgers. Terms were not disclosed....
Cinven-Backed Alter Domus to Acquire MSC Group
Alter Domus, backed by private equity firm Cinven, announced it will acquire MSC Group, a provider of trustee, custody, financial intermediary and fund administration services. The terms of the transaction were not disclosed.
Reverence Capital Partners Completes $2B Recapitalization of Osaic
Private equity firm Reverence Capital Partners completed a $2 billion recapitalization of Osaic, retaining its majority stake and bringing in Bain Capital, Ares Secondaries and Lexington Partners as new investors. The fresh capital will fund Osaic’s organic growth, M&A and strategic...
Artemis Acquires Optikos to Expand Eye Care Portfolio
Artemis, a private equity firm, announced the acquisition of Optikos, a medical component company focused on ophthalmology devices. The deal underscores rising interest in eye‑care assets driven by stable EBITDA multiples. The transaction was reported on May 1, 2026.
Neuberger Backs Flow Control Group with Significant Minority Stake
Neuberger has acquired a significant minority stake in Flow Control Group (FCG), joining existing backer KKR which retains majority ownership. The investment, announced on May 1, 2026, adds a new strategic investor to FCG's capital structure. Deal terms and valuation...
Providence Equity Partners and Searchlight Capital Acquire CloserStill Media for $1.77B
Providence Equity Partners, the current owner of CloserStill Media, teamed up with Searchlight Capital to acquire the events and media company for £1.3 billion ($1.77 billion). The deal, announced on May 1 2026, represents a recapitalization and underscores confidence in the events sector, which...
Chatham Financial Acquires Hodes Weill
Private real estate capital advisory firm Hodes Weill has been sold to financial risk management firm Chatham Financial. The deal, announced in early May 2026, marks Chatham’s expansion into technology-driven real estate services. Deal terms were not disclosed.
Ascend Acquires Jackson Thornton
Ascend, a private‑equity‑backed accounting firm, has completed the acquisition of Jackson Thornton, a Montgomery‑based accounting and advisory firm with $41 million in revenue. The deal adds 30 partners and over 160 employees to Ascend, expanding its Gulf Coast presence. Financial terms...
Allegro Funds to Acquire Fantastic Furniture in PE Buyout
Allegro Funds announced it will acquire Fantastic Furniture from Greenlit Brands, marking Greenlit's exit from Australian retail. The deal reflects private equity's focus on reliable, cash‑flow‑positive brands. Financial terms were not disclosed.
Newport Specialty Partners Acquires Majority Stake in Complex Coverage
Newport Specialty Partners, a specialty insurance platform backed by Lovell Minnick Partners, announced a majority stake acquisition of New York‑based Complex Coverage (CCI), an MGA focused on homeowners and personal lines. Financial terms were undisclosed, and CCI’s leadership will remain...
Fletchers Acquires EMG Solicitors and JE Bennett Law to Build Court of Protection Division
Fletchers, a private‑equity‑backed law firm, has completed the acquisition of EMG Solicitors and JE Bennett Law, creating a dedicated Court of Protection and private‑client division with over 200 specialists across the UK. The deal consolidates expertise in the North‑West, with...
Emerald Lake Capital Management Raises $800M for Debut Fund
Emerald Lake Capital Management announced the close of its debut private equity fund, raising $800 million after a heavily oversubscribed fundraising process. The fund marks the firm's transition from deal‑by‑deal investing to a committed fund structure, positioning it to pursue...
Bridgepoint to Acquire Majority Stake in iC Consult From Carlyle
Bridgepoint announced it will acquire a majority stake in iC Consult, a consulting firm serving large enterprise clients across financial services, automotive, manufacturing and the public sector, from Carlyle. The transaction marks a strategic expansion for Bridgepoint into the consulting...
Adams Street Partners Closes $2.5bn Co‑Investment Fund
Adams Street Partners announced that its latest co‑investment fund reached a final close of $2.5 billion, nearly double the target and bringing total assets under management for the strategy to $7.2 billion. The close marks a successful fundraising round for the private‑equity...
HIG Capital to Sell Celerion to THL Partners
Private equity firm HIG Capital announced it will sell its portfolio company Celerion, a provider of data management, biostatistics, and clinical monitoring services for pharma and biotech, to THL Partners. The transaction expands THL Partners' life‑science capabilities.
First Eagle Completes Take-Private Buyout of Diamond Hill Investment Group
First Eagle has completed the take‑private acquisition of Diamond Hill Investment Group, paying $175 per share in cash to Diamond Hill shareholders. The transaction finalizes First Eagle’s purchase of the publicly listed firm, taking it private.
Baird Capital Raises $450M for Global Fund III
Baird Capital, the private equity arm of Robert W. Baird & Co, announced the closing of its latest buyout fund, Global Fund III, with $450 million of commitments. The fund, about 30% larger than its predecessor, will target lower-mid-market B2B...
KSL Capital Partners to Acquire Invited Clubs in $2.6B Deal
KSL Capital Partners announced an agreement to acquire Invited Clubs, the largest private golf‑course operator in North America, in a transaction valued at $2.6 billion. The deal, expected to close within 60 days, will combine Invited’s 125 clubs with KSL’s Heritage...
PE-Backed Alcami to Acquire Tjoapack
Alcami, a contract development and manufacturing organization based in North Carolina, announced that it will acquire Tjoapack. The acquisition was disclosed on April 22, 2026, and the terms of the deal were not disclosed.
GTCR Acquires Fiduciary Trust Company
Private equity firm GTCR announced the acquisition of Fiduciary Trust Company. The terms of the transaction were not disclosed. Former Wilmington Trust chair Doris Meister will join Fiduciary as executive chair.
Founders First Capital Partners Secures First Close on $50M Fund
Alternative credit investor Founders First Capital Partners announced it has achieved a first close on its sophomore fund, targeting $50 million in total commitments. The first close indicates initial capital commitments from investors, marking progress toward its fundraising goal. The...
Green Summit Landscape Group Acquires R&D Landscape and LandMark Landscape
Century Park unveiled its new platform, Green Summit Landscape Group, which has completed its first acquisitions of Lansing‑based R&D Landscape and LandMark Landscape. The deals expand Green Summit’s footprint in the landscape services sector.
Multi-Color Secures Court Approval for $4bn Debt Overhaul
Multi-Color, backed by private equity firm CD&R, obtained court approval to restructure $4bn of debt, completing a major refinancing effort. The approval marks the final step in the debt overhaul, allowing the company to reorganize its capital structure.
Topspin Consumer Partners Closes $328M Third Flagship Fund, Beating Hard Cap
Topspin Consumer Partners announced the final close of its third flagship fund, raising $328 million and surpassing its hard cap. The fundraise, reported on April 17, 2026, provides the private equity firm with significant capital to pursue new investments. This...
Sumeru Equity Partners and Edison Partners Invest in Private Markets Tax Data Platform K1x
Sumeru Equity Partners has invested in K1x, a private markets tax data platform, with existing investor Edison Partners also providing additional capital. The undisclosed funding round aims to accelerate K1x's growth in the fintech sector. The deal was announced on...
Vesper Infrastructure Partners Closes Next Generation Infrastructure Fund I at Over €1bn
European investor Vesper Infrastructure Partners announced the final close of its Next Generation Infrastructure Fund I, raising more than €1bn and beating its €800m target. The fund will focus on infrastructure investments across Europe.
Leidos Carves Out Security Unit in Joint Venture with Analogic
Leidos announced a joint venture with Analogic, backed by investment firm Altaris, to spin off its Security Enterprise Solutions unit. The deal transfers 1,500 employees and $625 million in revenue, with Analogic holding 58.5% of the new entity and Leidos retaining...
SIPA Acquires Scientific Infra & Private Assets
SIPA announced the acquisition of Scientific Infra & Private Assets, expanding its research capabilities in the infrastructure investment sector. The deal marks a new chapter for PEI and Infrastructure Investor’s coverage of the market.
Acumetis Launches as Integrated Life Sciences Commercialization Firm, Backed by DFW Capital
Acumetis, a new global commercialization firm for life sciences, launched today after merging five specialist consultancies – Herspiegel, Adivo Associates, Decisive Consulting, Fiecon, and Sixsense Strategy Group. Backed by private equity firm DFW Capital, the company will employ over 350...
Bridgepoint-Backed Alpha FMC to Acquire JPSB
Alpha FMC, a consulting firm backed by private equity firm Bridgepoint, announced it will acquire JPSB Group, a specialist SimCorp-focused technology consulting and implementation firm. The acquisition terms were not disclosed.
Leeds Equity Partners Closes $1.9bn Eighth Flagship Fund, Raising AUM to $7bn
Leeds Equity Partners announced the final close of its eighth flagship private equity fund, raising $1.9bn. The new capital brings the firm's assets under management to $7bn. The fund will focus on investments in the knowledge industries sector.