Iberdrola Nears Full Takeover of Brazil's Neoenergia
Iberdrola has increased its stake in Brazil’s Neoenergia to 98%, moving toward a full takeover that could be completed within weeks via a squeeze‑out right. The latest purchase added 14.2% of shares at BRL 33.77 per share (about $6.6), amounting to roughly $1.1 million. Neoenergia, Brazil’s largest electricity distributor by customer count, serves around 40 million people and operates 3,600 MW of hydro capacity. Iberdrola plans to allocate €7 billion ($8.2 billion) of its €58 billion global investment program to Brazil by 2028.
Blackstone Takes Minority Stake in Rowan Digital Infrastructure
Blackstone’s infrastructure investment team bought a minority stake in Rowan Digital Infrastructure, a fast‑growing data‑center and fiber‑network operator backed by Quinbrook. The transaction, reportedly worth about $200 million, values Rowan at roughly $800 million. Blackstone will supply capital and operational expertise to...
Carlyle Limits Withdrawals From Private Credit Fund Amid Surge in Redemption Requests
Carlyle has placed a 5% cap on withdrawals from its $7 billion Tactical Private Credit Fund after investors submitted redemption requests equal to roughly 15.7% of the fund’s net asset value in Q1. The gate allowed the firm to return about...
Personal Care: 5 Notable Private Equity Deals as Brands Build Relationships with Consumers
Private‑equity firms are accelerating activity in the personal‑care sector, with Advent, RoundTable and Gemspring among the most active investors. The latest wave includes five high‑profile transactions that target brands leveraging direct‑to‑consumer channels and clean‑beauty positioning. Deal sizes range from low‑hundred‑million...
Boa Lingua Acquired by StudyLingua Group
StudyLingua Group has acquired Swiss language‑travel provider Boa Lingua, with the deal back‑dated to Jan 1 2026. Boa Lingua will continue operating under its own name, while joining StudyLingua’s portfolio that already includes Pro Linguis and DIALOG‑Sprachreisen. The acquisition is positioned as...
MetLife Weighs Sale of Ukrainian Unit Amid Market Consolidation
MetLife is exploring a sale of its Ukrainian subsidiary, a deal potentially worth between $90 million and $220 million. The unit, Ukraine’s largest life insurer, reported $263 million in assets and nearly $1 billion in net profit for 2025. Interested parties include Uniqa, TAS...
Petrofac Completes Business Sale to CBI
Petrofac Ltd completed the sale of its Asset Solutions business to CB&I, a Texas‑based engineering firm owned by a Mason Capital‑led investor group. The transaction, structured on a debt‑free, cash‑free basis, safeguards roughly 3,000 jobs and provides CB&I with a...
MGA Deals Surge as Scale and Specialization Drive Growth
Managing General Agency (MGA) mergers and acquisitions have accelerated, with carriers and private‑equity firms seeking scale and specialized technology. K2, backed by Warburg Pincus, now runs about 40 MGAs, wrote $1.9 billion in premiums in 2025 and targets $2.3 billion in 2026,...
Marsh’s Mercer Raises $3.8bn for Latest Private Markets Vehicle
Marsh’s Mercer closed a new private‑markets vehicle at $3.8 bn, topping its target and underscoring strong investor appetite for diversified alternatives. Meanwhile, North American pension plans held their private‑credit allocations steady despite recent market strains, while Ares announced a $1.7 bn all‑cash...
Sazerac Reportedly Eyes Brown-Forman Deal
Sazerac has reportedly approached Brown‑Forman about a potential deal, according to a Wall Street Journal report. The talks come weeks after Brown‑Forman disclosed merger discussions with Pernod Ricard, the world’s second‑largest spirits group. Brown‑Forman’s sales have stalled, especially after Canada’s ban...
Bidders Line up for €8 Billion XpFibre Deal
Altice’s Patrick Drahi has opened a sale process for his 50.01% stake in XpFibre, inviting a shortlist that includes DigitalBridge, KKR, Brookfield Asset Management and Vauban Infrastructure Partners. Initial offers value the fibre network at roughly €8 billion (about $8.7 billion) including...
‘Fundamental Shift’ in Continuation Vehicle Market – Orchard Co-Founder
Orchard co‑founder Scott Pasquini says the continuation‑vehicle market could expand up to four times its current size. He argues that general partners are increasingly seeking ways to sidestep the rigid timelines of traditional closed‑end funds. Continuation vehicles let GPs hold...
The Next Phase of Sports Investment: Nine Insights From CVC-Backed GSG Chair Marc Allera
CVC Capital Partners has launched Global Sport Group (GSG), a $13.6 billion platform that consolidates its fragmented sports assets, from LaLiga to the Women’s Tennis Association. Chair Marc Allera explained that the platform strategy leverages data, fan insights, and operational expertise...
Unilever and McCormick Defend Food Tie-Up After Investor Jitters
Unilever announced advanced talks to sell most of its foods division to McCormick, creating a combined portfolio worth about $20 billion in FY 2025 revenue. The news triggered a sharp sell‑off, with Unilever shares falling over 7% and McCormick down 9% in...
DOWNLOAD: Private Equity Fundraising Gets a Boost in Q1, Despite Fewer Fund Closings
Private equity fundraising in Q1 2024 reached $152 bn, a 14% increase over the same period last year, according to PEI Group data. The rise spanned buyouts, growth equity, secondaries, and venture‑capital funds. Despite the higher capital inflow, the number of...
Carlyle Interval Fund Limits Outflows After 15.7% of Assets Requested for Redemption
Carlyle’s flagship interval fund announced it will limit outflows after investors submitted redemption requests totaling 15.7% of the fund’s net asset value. The firm said the surge in withdrawal requests reflects a broader market shift toward liquidity rather than concerns...
Japan's Itochu and Sankyu to Buy Singapore Plant Repair Firm SWTS
Japanese trading house Itochu and logistics group Sankyu announced a joint acquisition of Singapore‑based plant maintenance specialist SWTS. The deal, reported by Nikkei, aims to broaden both firms' service offerings across Asia’s industrial sector. SWTS, which maintains oil refineries and...
NLB Joins Raiffeisen in Bidding Battle for Balkans Lender Addiko
Nova Ljubljanska banka (NLB) announced a €29‑per‑share offer for Addiko Bank, valuing the Balkan consumer‑lending specialist at €566 million (about $663 million). The bid directly challenges Raiffeisen Bank International’s earlier €23.05 offer. NLB’s proposal aims to secure a controlling stake in Addiko’s...
Green Shoots Emerge Amid PE’s Most Challenging Era
Fundraising cycles in private equity compressed to an average of 14 months in Q1, the quickest pace since 2022. The shortened timeline hints at a tentative revival in investor confidence after a prolonged period of market headwinds. While capital inflows...
Risk #6- Valuation Under Pressure- Market Stress and the Enforcement Lens
Asset managers are facing intensified regulatory scrutiny on valuation practices as market volatility and tighter credit conditions expose the challenges of pricing illiquid assets. The SEC’s examinations of interval funds and the FCA’s 2025 review underscore a global push for...
Paladin Envirotech Acquires Electronics Recycling Company in Ireland
Paladin EnviroTech, a Tampa‑based sustainability venture backed by SER Capital Partners and Daeheung Recycling, has acquired Ireland’s ICT, an R2‑certified IT asset disposition provider. The deal brings Paladin’s cumulative investment to $70 million across nine months of acquisitions in the U.S....
A Timeline of What Led up to Grüns Being Acquired by Unilever
Unilever announced it will acquire fast‑growing supplement startup Grüns, best known for its green gummy‑bear vitamins. The startup, founded in 2022, hit a $300 million annualized run rate within two years and secured a $500 million valuation after raising roughly $50 million. Grüns...
Rezolve Ai Takes Merger Proposal to Commerce.com’s Shareholders
Rezolve AI has escalated its hostile bid for ecommerce platform Commerce.com, offering two Rezolve shares for each Commerce.com share—a deal it says would create a $700 million revenue powerhouse. The proposal values Commerce.com at roughly a 47% discount to its current...
Bill Ackman Tries to Make Music and Money Mix with €55bn Universal Bid
Activist investor Bill Ackman is spearheading a €55 billion (≈$59 billion) takeover bid for Universal Music Group, the world’s largest recorded‑music company. The consortium, backed by private‑equity firms and sovereign wealth funds, argues the deal will unlock value by pairing Universal’s catalog...
General Atlantic Acquires Home Care Provider TEAM Services For $3B
General Atlantic has completed a $3 billion acquisition of TEAM Services Group, a San Diego‑based home‑care provider, valuing the business at roughly 10 times EBITDA. The transaction, which includes debt, adds a nationwide platform with 100,000 caregivers to General Atlantic’s health‑care portfolio....
VMG Partners Invests in The Doux, Uniqlo Owner Fast Retailing Raises Full-Year Forecast
VMG Partners has taken a minority stake in hair‑care brand The Doux to accelerate its U.S. distribution across Target, Walmart and other mass retailers. Fast Retailing, the parent of Uniqlo, lifted its FY2026 operating‑profit outlook to ¥700 billion ($4.4 billion) after a...
CD&R Completes Acquisition of Sealed Air
Private equity firm CD&R has completed the acquisition of Sealed Air, paying roughly $6.3 billion to shareholders and valuing the company at $10.3 billion enterprise value. The packaging maker will now operate as a privately held entity headquartered in Charlotte, North Carolina,...
Ara Partners Invests $500 Million in Waste Upcycling Solutions Provider Sedron
Industrial decarbonization investor Ara Partners announced up to $500 million in funding for Sedron Technologies, a Washington‑based provider of waste upcycling solutions. Sedron’s Varcor technology converts municipal biosolids and agricultural manure into reclaimed water, renewable energy and carbon‑negative commodities. The capital...
CVC Seeks Partners to Back 10.9 Billion-Euro Italian Drugmaker Recordati Deal: Sources
CVC Capital Partners is courting co‑investors to fund a €10.9 billion (≈$11.9 bn) takeover of Italy’s Recordati. The firm needs an equity injection of €5.5‑€6 bn (≈$6.0‑$6.5 bn), which would rank the deal among Europe’s largest leveraged buyouts. Potential partners include Groupe Bruxelles Lambert, Abu Dhabi...
Nvidia Invests In CPU Chip Startup SiFive
Nvidia disclosed a strategic stake in SiFive, the RISC‑V processor startup, as part of a $400 million oversubscribed financing round that values SiFive at $3.65 billion. The new capital will accelerate SiFive’s development of custom RISC‑V CPUs and AI IP aimed at...
IMDEX Acquires 100% Stake in Krux Analytics
IMDEX has completed the acquisition of 100% of Krux Analytics, a provider of advanced drilling‑site data capture and analytics software. The deal brings Krux’s real‑time drilling analytics platform under IMDEX’s downhole sensor technology (DST) portfolio, creating a unified solution for...
KLB Business Valuations & Forensic Accountants to Merge with TowerBrook-Backed EisnerAmper
KLB Business Valuations & Forensic Accountants announced a merger with EisnerAmper, a firm backed by private‑equity sponsor TowerBrook. The transaction is expected to close in May 2026, subject to customary approvals. The combined entity will integrate KLB’s valuation expertise with...
Onex Partners Completes $1.6bn Multi-Asset CV
Onex Partners has closed a $1.6 billion multi‑asset continuation vehicle, expanding its investment platform. The new fund will hold stakes in Fidelity Building Services Group, education‑software provider PowerSchool, and professional services firm Sedgwick. By structuring a continuation vehicle, Onex offers existing...
CMEP Said to Be Lining up GracoRoberts for Sale; ECP Reacquires Nuclear Waste Management Company
CMEP is reportedly preparing to sell its GracoRoberts division, a specialist in industrial fluid handling. Meanwhile, Energy Capital Partners (ECP) has reacquired EnergySolutions, a nuclear waste management firm, marking its second purchase of the same company. The moves signal active...
Co-Op Group and Southern Co-Op to Merge
Co‑op Group and Southern Co‑op announced a merger that will unite Southern Co‑op’s 300,000 members with the Group’s seven million, creating the UK’s largest consumer co‑operative. The combined entity will bring together Southern Co‑op’s 300 food, funeral and Starbucks‑branded outlets...
CB&I All Done with Acquisition of Petrofac’s Asset Solutions Business
CB&I, a designer and builder of storage facilities, completed the acquisition of Petrofac’s Asset Solutions business, adding roughly 3,000 employees and expanding into operations, maintenance, and de‑commissioning services. The transaction was structured on a debt‑free, cash‑free basis, with proceeds directed...
Side Letter: Diversification Drive
The latest side‑letter trends show limited partners (LPs) in the Asia‑Pacific region increasing allocations to diversify away from traditional European and North American exposures. Tiered‑carry provisions are creating friction in continuation fund deals, as managers and LPs clash over performance...
DOWNLOAD: Bright Spots Emerge in Q1 PE Fundraising
Nearly half of private‑equity funds that closed in Q1 2026 met their fundraising targets, the highest proportion in at least five years. The 48% hit rate signals a rebound after a period of subdued capital raising driven by higher rates...
Dividend Stocks Merge In $1.7 Billion Deal; This One Rockets
Whitestone REIT agreed to be acquired by Ares Management’s real‑estate funds for $19 per share, a cash deal worth $1.7 billion and representing a 12.2% premium to the prior close. The transaction will take Whitestone private after closing in Q3, pending...
Deal Roundup: Francisco Partners Agrees Blackline Take Private at up to $850m Valuation, Agilitas to Sell Integris Composites
Francisco Partners agreed to take private Blackline Safety Corp for up to $850 million, a 34% premium to its Toronto closing price. Blackline, a maker of wearable gas‑detection devices and cloud‑connected analytics, has logged more than eight million emergency alerts. Agilitas...
Atletico Madrid and Aston Martin Investors Buy Into SailGP Team
Quantum Pacific Group, the largest shareholder of Atletico Madrid, has acquired the Los Gallos SailGP team in an eight‑figure transaction. The purchase adds a Spanish franchise to Quantum Pacific’s diverse sports portfolio, which already includes FC Famalicao, a Movistar‑backed cycling...
Percheron Capital Pulls in $3.1bn for Hard Cap Fund III Close, Double Its Fund II Total
Percheron Capital announced a hard‑cap close of $3.1 billion for its third private‑equity fund, marking a 100% increase over the $1.5 billion raised for Fund II. The firm, founded by two former Golden Gate Capital executives, focuses on service‑sector businesses. The new fund...
Infra Secondaries Buyers Seek Scarce Opportunities – II Global Summit
At the PEI Group’s Infrastructure Investor Global Summit 2026, panelists highlighted that buyers are increasingly turning to infrastructure secondaries to capture assets that are difficult to obtain in primary markets. The scarcity of sell‑side opportunities is creating a competitive environment...
Ex-Blackstone Pair Team up Again with David Blitzer, Seal $400m Debut 154 Partners Fundraise Close
154 Partners, the private‑equity firm founded by former Blackstone executives Isaac Harrouche and Mike Berlin, has closed its inaugural fund at the $400 million hard‑cap target. The raise was anchored by billionaire investor David Blitzer, who contributed a substantial commitment through...
Lion Energy Takes Equity Stake in American Battery Factory Aimed at Securing Domestic Battery Supply
Utah‑based Lion Energy has taken an undisclosed equity stake in American Battery Factory (ABF) to lock in a domestic supply of lithium‑iron‑phosphate (LFP) cells. The partnership gives Lion over 4.5 GWh of offtake from ABF’s planned 5.5 GWh Tucson gigafactory for the...
Saudi Arabia’s PIF Plans to Anchor King Street’s Regional Credit Fund
Saudi Arabia’s Public Investment Fund (PIF) has signed a memorandum of understanding to anchor a new private credit fund managed by King Street Capital. The fund will focus on financing opportunities across Saudi Arabia and the broader MENA region, tapping...
Bryson DeChambeau Leads ‘Eight-Figure’ SportsBox AI Acquisition
Bryson DeChambeau led a group of investors in an eight‑figure acquisition of Sportsbox AI, the computer‑vision startup that creates 3‑D avatars from 2‑D video. The deal, valued between $10 million and $99 million, follows DeChambeau’s own use of the platform to fine‑tune...
Emigrant Takes Minority Stake in $15B Mutual Group
Emigrant Partners, the advisory arm of Emigrant Bank, has taken a minority stake in Mutual Group, a hybrid broker‑dealer and RIA platform that supports 270 advisor teams overseeing roughly $15 billion in assets. The investment keeps Mutual’s leadership in majority control...
Cooling Middle East Tensions Could Support Private Equity Deal Activity, Says Blackstone’s Baratta
Joe Baratta, Blackstone's global head of private equity, warned that recent Middle East instability, especially the Iran‑related conflict, has dampened investor confidence and slowed dealmaking. He said a temporary cease‑fire and easing of tensions could revive private‑equity transaction momentum in...
Serie A Explores PE Interest in International Media Rights Business
Serie A is in talks with private‑equity firms about selling up to 49% of its international media rights unit, which generates roughly €250 million (about $270 million) a year. The league has hired JP Morgan to explore options and could launch a formal...
