
Grain Management-Backed Spectrotel to Merge with AireSpring
Spectrotel, a Neptune Township‑based provider of managed network services, announced a merger with AireSpring, a leading connectivity solutions company. The deal is financially backed by private‑equity firm Grain Management, underscoring confidence in the transaction. The combined entity will integrate Spectrotel’s managed services with AireSpring’s extensive carrier network, creating a broader portfolio for enterprise customers. The merger is positioned to accelerate growth and expand geographic reach across the United States.

FTV Capital Invests in Fintech Firm Valitana
FTV Capital has announced a strategic investment in Valitana, a fintech platform that leverages artificial intelligence to streamline credit processes. The capital injection will fund accelerated product development, an expanded AI roadmap, and entry into structured‑credit segments such as commercial‑mortgage‑backed...

L Catterton and Patricof Form Athlete Branding Firm CHAMP
Private equity firms L Catterton and Patricof have launched CHAMP, an athlete branding agency that already counts 250 athletes among its clients. The roster features high‑profile names such as NBA star Kevin Durant, NBA rookie Tyrese Haliburton, WNBA guard Sophie Cunningham,...

KKR to Invest $1.5bn in Communications Infrastructure Owner/Operator Vertical Bridge
Private equity giant KKR is investing $1.5 billion in Vertical Bridge, a U.S.-based owner and operator of communications infrastructure. The capital injection will support Vertical Bridge’s rollout of fiber, small cell and other telecom assets. Existing shareholders DigitalBridge and La Caisse...

PE-Backed Alcami to Acquire Tjoapack
Alcami, a private‑equity backed contract development and manufacturing organization headquartered in North Carolina, announced the acquisition of Tjoapack, a specialist in pharmaceutical primary packaging. While financial terms were not disclosed, the deal is positioned to broaden Alcami’s end‑to‑end service portfolio,...

HIG Capital to Sell Celerion to THL Partners
H.I.G. Capital announced the sale of its clinical research subsidiary Celerion to private‑equity firm THL Partners. The transaction, terms of which were not disclosed, transfers Celerion’s suite of data‑management, biostatistics and clinical monitoring services to the new owner. Celerion serves...

LFM Invests in Manufacturer L&R Industries
LFM has announced a strategic investment in L&R Industries, a manufacturer that produces tube products and offers a suite of services including transport, metal fabrication, stamping, millwright, electrical, and crane operations. The capital infusion is intended to expand L&R's production...

Forward’s Matt Leeds Targets Powerful Brands in Consumer; Reviewing José E. Feliciano’s Investment Strategy as He Reportedly Nears Deal for...
Forward’s private equity leader Matt Leeds outlined a strategy to target high‑visibility consumer and retail brands, emphasizing deals that combine strong digital footprints with scalable revenue. He highlighted the sector’s resilience and the opportunity to consolidate fragmented brands under a...

GTCR Acquires Fiduciary Trust Company
GTCR, a Chicago‑based private‑equity firm, has completed its acquisition of Fiduciary Trust Company, a boutique wealth‑management firm. The deal expands GTCR’s financial‑services platform and adds Fiducary’s high‑net‑worth client base. Doris Meister, former chair and CEO of Wilmington Trust, will serve...

First Eagle Completes Take-Private Buyout of Diamond Hill Investment Group
First Eagle Investment Management completed the take‑private acquisition of Diamond Hill Investment Group, offering shareholders $175 in cash per share. The transaction makes Diamond Hill a wholly owned subsidiary of First Eagle, expanding its product lineup and client base. Financing...

SFEP-Backed Xceed Foodservice Group Invests in Encore Food Solutions
Xceed Foodservice Group, a U.S. foodservice brokerage backed by the Strategic Food Equity Partners (SFEP), announced a strategic investment in Encore Food Solutions. The deal gives Xceed a minority stake and access to Encore's specialty distribution network. Both firms aim...

New State Capital-Backed Blackhawk Snaps up MCA Aviation
Blackhawk, a private‑equity firm backed by New State Capital, has completed the acquisition of MCA Aviation, a UK‑based maintenance, repair and overhaul (MRO) provider. The deal gives Blackhawk an immediate foothold in the European aviation services market and adds MCA's...

Behrman Capital Scoops up Metallizing Service Company Holdings
Behrman Capital announced the acquisition of Metallizing Service Company Holdings, the parent of MSC, a specialist provider of metallizing solutions for aerospace, defense, and industrial applications. The deal adds a niche manufacturing asset to Behrman's growing portfolio of aerospace‑focused investments....

Bessemer-Backed Tencarva Acquires WWaterTech
Private‑equity‑backed distributor Tencarva announced the acquisition of WWaterTech, a provider of water‑treatment and monitoring solutions. The deal adds complementary technology to Tencarva’s existing flow‑control product line, broadening its reach into municipal and industrial water markets. Based in Greensboro, North Carolina,...

Exclusive: HIG to Take First-Round Bids for Capstone Logistics in Next Few Weeks, Sources Say
Harbor Investment Group (HIG) is set to solicit first‑round bids for Capstone Logistics within the next few weeks, according to sources. Capstone, a third‑party logistics provider, generated roughly $215 million of EBITDA in its latest fiscal year. Its scale may deter...

Renovations, Roll-Ups and AI Roll-Outs Form PE Playbook for Booming Roofing Sector
Private equity firms are converging on the rapidly expanding roofing services market, deploying a playbook that blends renovation-focused roll‑ups with artificial‑intelligence‑driven operational upgrades. Notable investors such as Huron Capital, Angeles Equity Partners, Sumeru Equity Partners and Osceola Capital are financing...

Goldman Sachs-Backed Doxa to Acquire Eaton Gate Group
Doxa Insurance Holdings, a Fort Wayne‑based insurer backed by Goldman Sachs, announced its agreement to acquire Eaton Gate Group, a specialty insurance broker. The transaction will broaden Doxa’s U.S. distribution footprint and add Eaton Gate’s niche client relationships and expertise. Financial terms were not...
Long Path Partners’ Offer for UK’s Idox Declared Unconditional
Long Path Partners' offer to acquire UK‑based Idox has been declared unconditional, clearing the final hurdle before a shareholder vote. The proposal values Idox at roughly £350 million (about $440 million), representing a roughly 30% premium to its last closing price. The...

Fire Safety Pipeline Fills with Data Center Build-Out and Regulation Among Drivers; Ardian Sells Stake in Quality Management Company
Ardian has sold its minority stake in Trigo, a transportation‑sector quality management firm, to Montyon Capital. The transaction marks Ardian's latest private‑equity exit amid a broader wave of capital reallocation toward high‑growth infrastructure and data‑center projects. Trigo, which provides compliance...

Ardian to Exit Trigo to Montyon Capital
Ardian, the French private‑equity firm, announced it will exit its investment in Trigo by selling the stake to Montyon Capital. Trigo provides inspection, quality engineering, and industrial performance‑management services to manufacturers. The deal, whose financial terms were not disclosed, fits...

TA Associates in Talks to Take Advanced Medical Solutions Private
Private‑equity firm TA Associates is in advanced discussions to acquire Advanced Medical Solutions (AMS), a developer and manufacturer of tissue‑healing technologies. The potential transaction would take AMS private, ending its public‑market status. While financial terms have not been disclosed, analysts...

HIG-Backed Andwis Acquires Fire and Safety Company Senseco Systems
Andwis, a portfolio company of private equity firm HIG Capital, announced the acquisition of fire‑and‑safety specialist Senseco Systems. The deal marks Andwis’ fourth purchase in 2026 and the 29th acquisition since it began its roll‑up strategy in 2023. By adding...

Playing Safe: Europe’s Fire Safety PE Deal Pipeline Boosted by Revenue Visibility, Regulatory Stability
Europe’s fire‑safety sector is experiencing a surge in private‑equity activity, especially in the lower mid‑market, according to Lincoln International’s Vinod Stalam. Investors are attracted by clearer revenue streams from mandatory compliance work and a stable regulatory environment reinforced by recent...

Acorn Capital Set to Acquire MTI Aviation
Acorn Capital announced plans to acquire MTI Aviation, a specialist aerospace and defense firm. Partner Greg Agnew highlighted the deal as a strategic fit, emphasizing MTI’s differentiated capabilities and growth trajectory. The acquisition is expected to close later this year...
Goldman Sachs, General Atlantic, Aquitaine Back Autism Care; Supply-and-Demand Gap Drives Scaling Opportunities in Mental Health Assets
Goldman Sachs Alternatives, General Atlantic and Aquitaine are backing a growing autism‑care platform, citing a stark supply‑and‑demand mismatch in mental‑health services. Their investments follow MKH Capital Partner’s recent acquisition of a network of mental‑health and substance‑use treatment centers, highlighting a...

Madison Dearborn-Backed Aevex to Go Public Today
Aevex Aerospace, backed by private‑equity firm Madison Dearborn, announced its Nasdaq IPO today, with shares to begin trading later this morning. The offering is being led by Goldman Sachs, BofA Securities and Jefferies, signaling strong Wall Street support. Proceeds are...

PE Eyes Platform Scaling Opportunities in Autism Care: 5 Deals
Private equity firms are rapidly moving into autism‑care services, announcing five platform‑scaling deals. Investors such as Aquitaine Capital, Goldman Sachs, Renovus and Verdane are among the backers, signaling confidence in a fragmented market ripe for consolidation. The deals focus on...

PAI Partners-Backed Pasubio Picks up Luilor
Pasubio, a private‑equity‑backed industrial group supported by PAI Partners, has completed the acquisition of Luilor, an Italian manufacturer specializing in textiles for luxury furniture brands and high‑end fashion houses. The transaction broadens Pasubio’s product portfolio and adds Luilor’s established client...

EU’s Potential Antitrust Rules Relaxation a Boost for PE Exits, Says EY-Parthenon; PAI Partners-Backed Pasubio Adds on Textile Capabilities
EY-Parthenon warns that the European Union’s likely softening of antitrust rules could accelerate private‑equity exits by reducing regulatory hurdles for cross‑border sales. The analysis comes as the private‑equity‑backed leather supplier Pasubio announced the purchase of French textile firm Luilor, expanding...

WindRose-Backed Stellus Rx Acquires Tria Health
Stellus Rx, a Texas‑based technology‑enabled pharmacy care management platform backed by private equity firm WindRose, announced the acquisition of Tria Health. The deal expands Stellus' service footprint into new therapeutic areas and adds Tria's clinical analytics capabilities. Integration is expected...

Sumeru Equity Partners Invests in Private Markets Tax Data Platform K1x
Sumeru Equity Partners has announced a new investment in K1x, a platform that automates tax data for private‑market investors. The funding round also includes a follow‑on commitment from existing backer Edison Partners. The capital will be used to expand K1x’s...

Industrial Deals ‘Skittish to Launch’ and Taking Longer to Close, Say Investment Bankers; Companies for Sale Update
Investment bankers report that industrial M&A activity has become increasingly cautious, with deals hesitant to launch and closing timelines extending by roughly a third. The slowdown is tied to volatile oil prices triggered by the US‑Israel‑Iran conflict, which has unsettled...

Emirates International Investment Company Makes Minority Investment in General Atlantic-Backed Joe & the Juice
Joe & the Juice, the Copenhagen‑originated juice and coffee chain, received a minority investment from Emirates International Investment Company (EIIC) after General Atlantic acquired a majority stake in 2023. The new funding deepens EIIC’s exposure to the fast‑growing health‑focused F&B...

Leeds Equity-Backed Engage2Learn Acquires Consultancy Education Elements
Engage2Learn, an Austin‑based education‑technology firm backed by Leeds Equity, announced the acquisition of consultancy Education Elements. The deal adds strategic consulting and curriculum expertise to Engage2Learn’s existing suite of leadership coaching, teacher development, data insights, and software solutions. By integrating...

L Squared-Backed BTX Precision Scoops up Maitland Engineering
L Squared-backed BTX Precision announced the acquisition of Maitland Engineering, a move that broadens its advanced manufacturing footprint. The deal adds Maitland's precision‑machining expertise to BTX's supply‑chain‑focused platform. Both companies will operate from BTX's Elk Grove Village, Illinois headquarters. The...

Paine Schwartz-Backed Registrar Corp Snaps up Regulatory Consulting Firm Dell Tech
Registrar Corp, a Hampton, Virginia‑based provider of regulatory compliance solutions for food and beverage, medical devices, cosmetics, and drugs, announced the acquisition of Dell Tech, a niche regulatory consulting firm. The deal, backed by private‑equity sponsor Paine Schwartz, expands Registrar’s...

Arcline-Backed Arxis Goes Public
Arxis, a Simi Valley‑based manufacturer of electronic and mechanical engineered components, announced its debut on the public markets backed by private‑equity firm Arcline. The company filed for an initial public offering that targets a valuation in the low‑hundreds of millions,...

TSCP Sells Data Dimensions to One Call
TSCP, a private‑equity firm, has completed the sale of its portfolio company Data Dimensions to One Call. Data Dimensions provides data‑management and analytics solutions to healthcare, insurance and government customers. The acquisition gives One Call a foothold in regulated data...

Energy Price Volatility Stalls Industrials Deals, Especially for Companies Newly in the Market
Energy price volatility is dampening industrial M&A activity, with a pronounced effect on firms that have recently entered the market. Houlihan Lokey’s Reed Anderson notes that buyers are polarizing into two groups: those proceeding with deals despite geopolitical risk, and...

Portco Data Concerns Flagged in Williams Lea Survey as GPs Look to Leverage AI; SaaS Pricing Model Shake-Up
Williams Lea’s latest survey reveals that many private‑equity portfolio companies struggle with dirty, inconsistent data, jeopardizing AI‑driven value creation. The report warns that without clean, compatible data, AI initiatives will falter at scale. Simultaneously, the survey notes a shift in...

Hyperion-Backed Ranger Acquires Fidelity Integrated Systems
Ranger, a security solutions firm backed by private equity firm Hyperion, announced the acquisition of Fidelity Integrated Systems, a provider of fire, safety, and security services. Fidelity’s portfolio includes access control, CCTV, intruder alarms, and gate automation, complementing Ranger’s existing...

Add-On Operational Risk ‘Visible in a New Way’ for AI-Era Private Equity
Williams Lea’s Mike Raposa highlighted a growing operational‑risk blind spot as private‑equity firms chase AI‑driven value. A new survey of portfolio companies revealed widespread data inconsistencies that could undermine AI initiatives. Raposa argues that without a systematic view of add‑on...

HGGC-Backed Equity Methods to Acquire Consultancy Equity Plan Solutions
Equity Methods, a Scottsdale‑based provider of equity‑compensation valuation and advisory services, announced it will acquire boutique consultancy Equity Plan Solutions. The deal, backed by private‑equity firm HGGC, expands Equity Methods' footprint in human‑resources and financial‑reporting advisory. The acquisition adds a...

GenNx360-Backed Horsburgh & Scott Acquires Franklin Machine & Gear
Horsburgh & Scott, a Cleveland‑based industrial gearing specialist, has acquired Franklin Machine & Gear, expanding its product portfolio and geographic reach. The acquisition, financed by private‑equity firm GenNx360, combines two complementary engineering firms serving aerospace, energy, and heavy‑equipment sectors. By...

Carlyle AlpInvest Ramps up CVs; Olympus Partners to Acquire a Majority Stake in Network Connex
Carlyle AlpInvest has accelerated its use of single-asset continuation vehicles, leading four CVs so far in 2024. Private‑equity giant TPG announced a deal to acquire Learfield, the media and technology platform that serves college athletics. Olympus Partners agreed to purchase...

AIP to Take Medtech Firm Avanos Medical Private
AIP, a private‑equity firm, announced plans to take Avanos Medical private at an estimated $1.272 billion valuation. The deal will remove Avanos from public markets, giving AIP full control over its medtech portfolio. Avanos, known for innovative airway and vascular devices,...

THL Partners Appoints Dave Guilmette as Exec Partner in Fintech and Services Investment Group
Private equity firm THL Partners has appointed Dave Guilmette as an executive partner in its fintech and services investment group. Guilmette will lead the identification, sourcing, and growth of opportunities across insurance, employee benefits, and the broader financial services ecosystem....

Kingswood Invests in Poultry Processing Company Soulshine Farms
Kingswood Capital Management announced a strategic investment in Soulshine Farms, a fast‑growing poultry‑processing firm. The deal, whose financial terms were not disclosed, provides capital to expand processing capacity and adopt new technology. Founders Michael Farmer, Eric Reeves and Drew Hill...

Thoma Bravo to Merge Construction Software Firm with Nemetschek’s Build and Construct Segment
Private equity firm Thoma Bravo is merging its construction‑software assets with Nemetschek SE’s Build and Construct segment, creating a combined entity focused on digital construction solutions. Under the agreement, Nemetschek will hold roughly 72% of the new business while Thoma...

MKH Capital Snaps up Haven Health Management
MKH Capital announced the acquisition of Haven Health Management, adding 22 behavioral health facilities to its portfolio. The new sites extend across the United States and Puerto Rico, broadening MKH's geographic reach. The deal underscores private‑equity interest in expanding behavioral...