
Exclusive: Bettani Farms CEO on Its Acquisitions & Plans to Stretch the Vegan Cheese Category
Bettani Farms, the former Climax Foods, raised $6.5 million and acquired Hungry Planet, Numu and Stockeld Dreamery to create a unified vegan cheese platform. Leveraging its AI‑powered Caseed ingredient, the company unveiled a high‑stretch mozzarella that mimics dairy performance, achieving a 39% preference in taste tests. The firm is focusing on the away‑from‑home channel, which accounts for roughly 55% of U.S. cheese consumption, and is seeking an additional $3‑5 million to reach cash‑flow break‑even and scale production.

PSERS to Commit up to $275m Across Warwick Partners, LS Power Funds
The Pennsylvania Public School Employees’ Retirement System (PSERS) announced commitments of up to $275 million to two private‑market funds managed by Warwick Partners and LS Power. The allocations are earmarked for infrastructure and renewable‑energy projects and will be drawn down over...

Hybrid Advisors, Faithstone Capital Eye $3bn Fund of Funds Platform Through New Joint Venture
Hybrid Advisors and Faithstone Capital Partners have formed a master joint venture, Hybrid Faithstone, to expand the Hybrid Advisors platform into a $3 billion fund‑of‑funds vehicle. The partners aim to raise and deploy the capital over the next 18 months, creating...

Early Mover AI Investor Air Street Capital Continues Rapid Fund Size Growth with $232m Fund III Close
Air Street Capital has closed its third venture fund at $232 million, almost twice the size of its second fund. The new capital will be deployed into early‑stage artificial‑intelligence startups, building on the firm’s track record of backing market‑defining technologies. The...

Inside the €1bn Huel Sale to Danone
Danone has agreed to buy UK nutrition brand Huel for €1 billion, expanding its portfolio into plant‑based, ready‑meal offerings. Huel, founded in 2014, grew through a digital‑first direct‑to‑consumer model, leveraging social media and creator partnerships to reach a global, younger audience....

Side Letter: Disrupting Secondaries
AI-related risk assessments are reshaping private‑equity secondary market processes, prompting firms to embed stricter side‑letter provisions. In Japan, limited partners are rapidly rotating commitments, creating a “musical chairs” dynamic among dealmakers. Meanwhile, a recent poll shows half of general partners...

IFM Investors to Increase Exposure to Growth Sectors
IFM Investors announced plans to increase its exposure to high‑growth infrastructure sectors by adding value‑add assets to its portfolio. Vivien Cheung, the firm’s vice‑president of infrastructure, said the strategy will complement IFM’s existing core holdings and aim to capture upside...

Summit and Aimpoint Technology Merge to Expand End-to-End Salesforce Services
Summit, a multi‑cloud Salesforce consulting partner, has merged with Aimpoint Technology, a specialist in public‑sector advisory and implementation, to form a unified company under the Summit brand. The deal combines Summit’s scalable delivery and AI‑driven analytics practice with Aimpoint’s deep...

Prism’s Motel 6 Bet: Ritesh Agarwal’s IPO Setup and the Budget Hotel Comeback
Prism, the rebranded OYO, has acquired Motel 6 to spearhead a technology‑driven overhaul of budget hotels. The company is concentrating on economy and extended‑stay segments in both India and the United States, launching the Studio 6 brand for U.S. properties. CEO Ritesh Agarwal is...

‘Solid Exit Activity’ Still Insufficient to Clear APAC’s Overhang – Bain & Co
Bain & Co’s Asia‑Pacific Private Equity Report 2026 shows that companies held beyond five years increased 18% in 2025, indicating a growing portfolio overhang. Despite a modest uptick in exit activity across the region, the pace of disposals remains insufficient...

Dunes Point Aims High with Fourth Fund
Dunes Point Capital, a mid‑market private‑equity firm, is launching its fourth flagship fund with a target raise of $1.3 billion, a substantial increase from the $800 million raised for Fund III. The larger capital base reflects the firm’s ambition to scale its investment...

The M&A Risk of Confusing Market Velocity with Marketing Capability
Rob Robinson warns that technology M&A teams often mistake rapid market momentum for durable marketing capability. When a product arrives at the right moment, its novelty can generate brand‑like awareness without a solid marketing org, inflating acquisition premiums. As the...
Komerz Acquires Pathformance to Build the Commercial Growth Operating System for Global Brands
Komerz Ltd., a global commercial growth firm, announced the acquisition of Pathformance, a marketing measurement and attribution specialist, in a deal that values Komerz at $330 million post‑transaction. The merger combines Komerz’s end‑to‑end commerce platform with Pathformance’s unified measurement capabilities, creating...

The Entrepreneur’s Strategic Guide to Buying a Business
Acquiring an existing company can accelerate growth far faster than building from scratch, offering instant market entry, proven teams, and valuable IP. Success hinges on a clear strategic purpose—whether speed, synergies, or capability gaps drive the deal. Entrepreneurs must decide...

University of California Shops $3bn LP Portfolio in Major Sale
The University of California system is offering roughly $3 billion of limited‑partner stakes in private‑equity funds for sale on the secondary market. This move represents the latest effort by the public‑university consortium to unlock liquidity from its sprawling endowment portfolio. Proceeds...
Blackstone Considers Foraying Into Sports with Its First-Ever Investment in IPL Teams Like RCB, Rajasthan Royals
Blackstone Inc. is weighing a $200‑$300 million investment in an Indian Premier League franchise, targeting either Royal Challengers Bengaluru or Rajasthan Royals. The two teams are valued between $1.3 billion and $2 billion, with full payment expected up front. The move reflects a...

Vibe-Coding Startup Lovable Is on the Hunt for Acquisitions
Lovable, the AI‑powered app‑building platform once valued at $6.6 billion, announced it is actively seeking acquisitions to bring in founder‑type teams. CEO Anton Osika posted on X that the company wants “more great teams and startups to join Lovable,” aiming to boost...
Apollo, Bain Among Bidders for Continental Industrial Unit
Apollo Global Management and Bain Capital have entered the auction for Continental AG’s ContiTech industrial unit, joining a crowded field of private‑equity suitors. Advent and CVC Capital Partners are collaborating on a joint bid, while Platinum Equity, KPS Capital Partners...

CrossCountry, UWM Vie for Two Harbors in Bidding War
Two Harbors said CrossCountry’s unsolicited $10.70‑per‑share cash offer is superior, but a higher $10.75 cash bid from an unnamed party is also on the table. The REIT would receive a $25.4 million fee if the pending $1.3 billion all‑stock merger with United...

RCB Auction Heats Up Without Manchester United’s Glazer
The sale of Royal Challengers Bengaluru (RCB) has entered its final stage, with two main bidders: Swedish private‑equity firm EQT and a consortium of Manipal Hospitals’ Ranjan Pai, KKR and Temasek. The Glazer family and other high‑profile suitors have withdrawn, ending...
Mercer Acquisition Brings ‘Missing Link’ to AltamarCAM
Mercer has completed the acquisition of AltamarCAM, a specialist in private‑equity secondaries, to fill a strategic gap in its investment‑advisory platform. The deal was discussed by Mercer’s Michael Dempsey in a Q&A with AltamarCAM founder Jose Luis Molina, emphasizing the...
Bark Won’t Go Private, for Now
Bark announced it will not pursue two recent take‑private offers, opting to remain a public company. The board’s special committee concluded that the existing standalone strategy best maximizes long‑term shareholder value. The first proposal from Great Dane Ventures was withdrawn...

Side Letter: ‘Cardinal Sin’
The piece labels evergreen side‑letter structures a “cardinal sin” when they are mis‑sold or mis‑structured, warning that such arrangements can trap investors in perpetual commitments. It details a recent governance clash at one of Australia’s largest limited partners, prompting a...

Lead Edge Capital Scores Biggest Capital Raise yet with Oversubscribed $3.5bn Fund VII
Lead Edge Capital announced the close of its seventh private‑equity fund with $3.5 billion of commitments, making it the firm’s largest raise to date and an oversubscribed transaction. The new Fund VII will focus on investments in software, internet platforms and...

The Lesser-Known Part of PE Where Sponsors Seek 3x-Plus Returns
Headway Capital Partners’ research shows independent private‑equity sponsors are targeting three‑times‑plus returns, outpacing traditional fund benchmarks. The shift stems from heightened deal selectivity and a strategic focus on lower‑multiple acquisitions. Sponsors believe tighter sourcing and disciplined pricing can deliver superior...

Eurobites: Poste Italiane Proffers €10.8B Bid for Telecom Italia
Poste Italiane has submitted a €10.8 billion offer to acquire Telecom Italia, Italy’s largest fixed‑line operator. The postal group already controls 27.3% of TIM after buying shares from former major shareholder Vivendi. TIM’s fixed‑line network has already been sold to a...

Japan Secondaries Shop to Close Debut Fund Near Hard-Cap
Japan’s emerging secondaries boutique RGCM announced the imminent close of its debut vehicle, RGCM Fund I, with commitments approaching the fund’s hard‑cap. The fund will target both direct secondary transactions and primary financing rounds, offering investors diversified exposure to private‑market...

Confirmed: Primary Wave Music to Acquire Kobalt From Francisco Partners
Primary Wave Music has agreed to acquire Kobalt, a leading independent publishing and technology platform, in a deal valued at over $1.5 billion. Brookfield will co‑invest, reinforcing a partnership that began with a $2 billion funding arrangement in 2022. Kobalt will stay...

AEA Elevate Invests in Tech Company Trinamix
AEA Elevate has announced an investment in Trinamix, a technology firm that provides solutions to enterprise and mid‑market organizations. The funding is intended to bolster Trinamix’s product development and expand its market reach. While the exact amount was not disclosed,...

Somerset Indus Capital Partners Raises $288M in Fund III
Somerset Indus Capital Partners announced the closing of its third fund with $288 million in commitments, surpassing the $250 million target. The fund, backed by development finance institutions, global investors and family offices across Europe, the U.S. and Southeast Asia, will target...

West Kitikmeot Secures ATCO Backing
West Kitikmeot Resources Corp. secured a C$10 million (US$7.4 million) investment from Calgary‑based ATCO Ltd., granting the infrastructure firm a 40 % equity stake. The funding will support the staged development of the Grays Bay Road and Port Project, an all‑season 230‑km road...

Gryphon-Backed Rootstock Picks up ERP Software Provider Ascent Solutions
Rootstock, the cloud ERP specialist backed by Gryphon Investors, announced the acquisition of Ascent Solutions, a provider of Salesforce‑based ERP and operational applications. The deal adds Ascent’s suite of cloud solutions to Rootstock’s portfolio, strengthening its position on the Salesforce...

Olympus Partners to Sell EyeSouth’s Retina Business for $1.1b
Private equity firm Olympus Partners announced the sale of EyeSouth’s retina business for $1.1 billion. EyeSouth, a U.S.-based management services organization for eye‑care providers, will transfer its retina platform to an undisclosed buyer. The transaction underscores strong valuation multiples in specialty...

EA Touts $700 Million Buyout Cost Savings to Coax Debt Investors
Electronic Arts is courting investors for a $15 billion debt package that will fund its acquisition by a consortium of private‑equity firms. The financing proposal emphasizes roughly $700 million in annual cost‑saving synergies that the new owners expect to recognize as earnings....

Maha to Acquire Stake in Venezuela's PetroUrdaneta
Swedish investment firm Maha Capital AB announced it will acquire an indirect 24% stake in Venezuela’s PetroUrdaneta, a joint venture operating Maracaibo basin fields. The acquisition follows the U.S. Treasury’s issuance of General License 52, which relaxes sanctions on certain...

Persistent Appoints Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services
Persistent Systems announced the appointment of Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services. Abhyankar will steer the firm’s AI‑led transformation strategy for private‑equity investors and their portfolio companies, from diligence through...

Igneo: ‘I Don’t Want to Be on the Phone to Clients Explaining Why Our Valuations Dropped’
Niall Mills, global head of Igneo Infrastructure Partners, discussed on the Infrastructure Investor Podcast the firm’s recent exit from its inaugural Euro‑denominated fund. He explained why Igneo now performs quarterly valuations instead of annual updates, citing client expectations and market...

Vox Media Tried to Sell Its Podcasts, and Itself
Last year Vox Media's bankers floated options to sell its podcast network, New York Magazine, or the entire company. The most publicized plan was a spin‑off of the 30‑plus‑show podcast portfolio, but the company later withdrew the offer. Valuation has slipped...

The Making Of A $500Mn SaaS Powerhouse: Inside Wingify’s Merger With AB Tasty
Wingify, the maker of Visual Website Optimizer (VWO), merged with French competitor AB Tasty in January 2026, forming a $500 million SaaS powerhouse. The combined entity now reports roughly $120 million in annual revenue and serves about 4,000 customers across the US...
Bilt Buys Sion for $30M and It’s About the Data
Bilt Rewards acquired travel‑commission platform Sion for $30 million, its second major deal after buying receipt‑data firm Banyan. Sion serves over 8,000 travel advisors and processes more than $7 billion in booking revenue, giving Bilt unprecedented access to travel transaction data. While...

NYU Stern Report Urges Regulation of Private Equity in Healthcare
A new NYU Stern Center for Business and Human Rights report warns that private‑equity ownership of healthcare facilities has driven higher complication rates, staffing cuts, and a tenfold increase in bankruptcy risk, prompting calls for regulation. The study finds PE...
Malaysian Construction Firm IJM’s Leaders Urge Rejection of $2.8B Takeover Bid From Billionaire Jeffrey Cheah’s Sunway
Malaysian construction giant IJM Corp. has urged shareholders to reject Sunway Group’s MYR 11 billion ($2.8 billion) takeover proposal. An independent adviser valued IJM shares at a 46‑51% premium, deeming Sunway’s MYR 3.15 per share offer substantially undervalued. IJM’s board highlighted the...

Fortress Prepares to Offload Majestic Wine
Fortress Investment Group is preparing to sell Majestic Wine, the UK’s largest specialist wine retailer, which it acquired in 2019 for £95 million. Rothschild will manage the sales process, with a formal auction expected early next year and no price guidance...

Tom Dundon’s Group Buying 80% of Blazers in Deal’s First Phase
Tom Dundon’s investment group is set to acquire 80% of the Portland Trail Blazers in the first phase of a multi‑stage transaction, valuing the franchise at over $4 billion. The group will inject more than $3 billion by month‑end, with the remaining...
Blue Pool Capital Raises $1 Billion for First Private-Equity Fund
Hong Kong‑based Blue Pool Capital announced it has closed a $1 billion first private‑equity fund, a notable achievement given the sector’s recent fundraising headwinds. The firm, which manages the family office of Alibaba co‑founder Joe Tsai, leverages a decade of private‑equity experience...
Apollo To Invest $1B In 500 Realty Income Single-Tenant Properties
Apollo Global Management is investing $1 billion for a 49% stake in a new joint venture with Realty Income Corp. to acquire roughly 500 single‑tenant retail properties under long‑term net leases. Realty Income will continue to manage the portfolio, with the...

KKR to Sell Data Center Liquid Cooling Company CoolIT for $4.75b
Kohlberg Kravis Roberts (KKR) has agreed to sell its data‑center liquid‑cooling specialist CoolIT for $4.75 billion. The transaction is slated to close in the third quarter of 2026. CoolIT’s technology addresses rising heat‑density challenges as hyperscale operators shift toward more efficient...

ADIC Shops $2bn-Plus Portfolio of Fund Stakes
Abu Dhabi Investment Council (ADIC) is assembling a portfolio of private‑market fund stakes valued at more than $2 billion. Private‑market assets already represent roughly 61% of ADIC’s total holdings, underscoring the sovereign fund’s tilt toward illiquid alternatives. The initiative focuses on...
FDIC Opens Door for Private Equity to Buy Failed Banks
The FDIC has rescinded its 2009 rule that barred private‑equity firms and other non‑bank entities from bidding on failed banks. The change, prompted by the rapid failures of Silicon Valley Bank, Signature Bank and First Republic in 2023, is intended...

How Does Fund Size Affect Time on the Road?
Historically, larger investment funds reached final close faster than their smaller counterparts, a pattern that persisted for years. Recent analysis shows this dynamic has reversed, with smaller funds now achieving quicker closures. The shift reflects changing fundraising tactics and market...