Deal Flow
Deal flow coverage: platform acquisitions, add-ons, buyouts, take-privates, secondary transactions, GP-led continuation vehicles, and strategic minority investments across private markets.
KKR targets South Korea’s AI supply chain after deploying around $3bn in 2026
KKR is looking to expand investment activity in South Korea after deploying around $3bn in 2026, targeting opportunities tied to AI infrastructure, according to Private Equity Wire.
Carlyle weighs Highway Roop Precision Technologies IPO that could raise up to $400m
Carlyle is preparing a potential IPO of its Indian auto-parts platform Highway Roop that could raise up to $400m, with a possible first-half next-year listing.
Tikehau faces rival strategic bids in Tapí restructuring talks
Tikehau Capital is competing with strategic buyers as Tapí Group negotiates a financial restructuring involving nearly €150m of bank debt, according to Private Equity Wire.
DCC Energy shareholders approve more than £5.7bn takeover by KKR and ECP
DCC Energy shareholders backed a more than £5.7bn acquisition by KKR and ECP, with completion expected in Q1 2027 subject to remaining conditions.
Ingenia rejects Warburg Pincus’s improved AUD2.06bn cash takeover proposal
Ingenia Communities Group rejected Warburg Pincus’s improved AUD2.06bn all-cash proposal at AUD5.05 per share, citing undervaluation and a condition tied to its planned Peet acquisition.
Partners Group explores €800m private credit continuation vehicle
Partners Group is considering a roughly €800m continuation vehicle to extend holdings in private credit loans, according to Private Equity Wire, citing a Bloomberg report.
Korea Investment Corp explores sale of more than $1bn in private equity stakes
South Korea’s sovereign wealth fund KIC is exploring a potential secondary sale of private equity investments worth more than $1bn, with PJT Partners advising, according to Private Equity Wire.
Electra Therapeutics raises $350M in upsized Nasdaq IPO for SIRP-targeting drugs
Electra Therapeutics priced an upsized IPO at $15 per share, raising $350 million and debuting on Nasdaq as ETRA to fund clinical research in precision immunology.
Haymaker Acquisition Corp V closes $287.5m IPO of 28.75m units on NYSE
Haymaker Acquisition Corp V said it closed a $287.5m IPO of 28.75m units at $10.00 each, with units trading on NYSE under HYACU, according to PR Newswire.
Advent to invest $328.5m for 24.9% stake in India’s Yatharth Hospitals
Advent International is investing INR31.5bn ($328.5m) in Yatharth Hospitals for a 24.9% stake, according to Private Equity Wire citing Reuters.
Apollo in talks to expand SoftBank Vision Fund 2 NAV loan to as much as $9bn
Apollo is discussing a potential increase of SoftBank’s Vision Fund 2 NAV-backed facility from $5.4bn to up to $9bn, according to Private Equity Wire.
Mutares exits Cimos in management buyout backed by Vero Automotive
Mutares has exited automotive supplier Cimos in a management buyout backed by Vero Automotive, according to PE Hub.
Blackstone weighs sale of Clarion Events’ Asia unit at $600m–$700m: report
Blackstone is preparing to sell Clarion Events’ Asian operations and is working with Goldman Sachs, with valuation discussions at $600m to $700m, according to Private Equity Wire.
Blackstone and Brookfield lead rival consortia pursuing GFL Environmental
Blackstone, KKR and Energy Capital Partners are exploring a GFL Environmental deal as Brookfield Asset Management and IFM Investors pursue a rival bid, according to Private Equity Wire.
Authentic Brands Group could pursue IPO as early as first half of next year
Authentic Brands Group CEO Matthew Maddox said the licensing company is “ready to go” for an IPO, according to Dealbreaker citing Bloomberg TV.
EQT plans up to $50bn India deployment by 2030 with data centres a core focus
EQT is planning to deploy up to $50bn in India by 2030, with around $30bn expected for data-centre infrastructure, according to Private Equity Wire citing Bloomberg.
Blackstone-backed Crux AI lines up $22bn chip financing from 10-bank consortium
Crux AI is set to receive $22bn in bank financing to support purchases of Google TPUs, according to Private Equity Wire, citing a Bloomberg report.
Skalar launches with seed round and General Catalyst debt partnership for CAC financing
New York-based Skalar publicly launched Thursday with an undisclosed seed round led by Monashees and a debt financing partnership with General Catalyst’s Customer Value Fund.
KKR in exclusive talks for Logoplaste after Apax exits auction
KKR has emerged as the preferred bidder for Portuguese packaging company Logoplaste in a potential deal worth more than €1.7bn including debt, according to Private Equity Wire.
Brookfield agrees all-cash acquisition of Reliance Worldwide valued at about AUD4.1bn
Brookfield Asset Management agreed to acquire Reliance Worldwide Corporation in an all-cash deal valuing the Australian plumbing products maker at about AUD4.1bn ($2.9bn).
EQT and Norges Bank IM form consortium to bid for Acciona Energia
EQT and Norges Bank Investment Management have formed a consortium to pursue Acciona Energia, which LSEG data puts at about €11.9bn enterprise value including debt.
Thatch raises $108M Series C at $1B valuation led by The General Partnership and Index
Health benefits platform Thatch said it raised $108 million in a Series C round, bringing its valuation to $1 billion, according to Dealbreaker.
FountainVest and HSG weigh bids for Alpinestars in potential €1bn deal
FountainVest and HSG are among investors considering bids for Alpinestars in a process that could value the company at around €1bn, according to Private Equity Wire.
Apollo commits $585m hybrid financing package to KKR-backed The Executive Centre
Apollo Global Management has committed $585m in debt-and-equity financing to flexible workspace operator The Executive Centre, according to Private Equity Wire.
KKR sells full 19.9% stake in First Gen for about PHP25.77bn ($410.5m)
KKR exited Philippine power producer First Gen by selling 715.9 million shares for about PHP25.77bn ($410.5m), according to Private Equity Wire.
Aphias Capital backs SNZweig formed from Stambaugh Ness and Zweig Group merger
Aphias Capital has backed SNZweig, a new advisory platform formed by combining Stambaugh Ness and Zweig Group, according to PE Hub.
Graham Partners acquires remote video monitoring workflow software provider Immix
Graham Partners has acquired Immix, a remote video monitoring workflow software provider headquartered in Charlotte, North Carolina, according to PE Hub.
CVC and JC Flowers weigh potential £1.4bn bid for Aldermore
CVC has teamed with JC Flowers to pursue a potential acquisition of FirstRand-owned UK specialist bank Aldermore, according to Private Equity Wire citing Reuters.
Carlyle backs Avenrock Energy’s acquisition of Parallax, valued at about CAD1bn
Carlyle is backing newly established Avenrock Energy’s acquisition of Calgary-based Parallax Energy Operating, a deal Bloomberg sources value at about CAD1bn.
Francisco Partners and KKR to buy TeamSystem minority stakes at €8bn to €10bn valuation
Francisco Partners and KKR agreed to acquire minority stakes in Italy’s TeamSystem from Hellman & Friedman in a deal valuing the company at €8bn to €10bn.
Waterland ends Giacom concert party agreement in potential Gamma takeover
Waterland ended its agreement to act in concert with Giacom on a possible Gamma Communications takeover while keeping its own interest under review, according to Private Equity Wire.
Apollo in talks to acquire J&J’s DePuy Synthes orthopaedics unit for close to $20bn
Apollo Global Management is in discussions to buy Johnson & Johnson’s DePuy Synthes orthopaedics business in a deal that could value the unit at close to $20bn.
Bluejay Capital’s Pacific West acquires Coleman Industrial Construction
Bluejay Capital’s Pacific West has acquired Coleman Industrial Construction, a Kansas City-based provider of rail and industrial facility services, according to PE Hub.
Greenberg Traurig advises Ryman on $1.38B Grande Lakes Orlando acquisition
Greenberg Traurig said it represented Ryman Hospitality Properties in its approximately $1.38 billion acquisition of the fee simple interest in Grande Lakes Orlando Resort, which closed Sept. 1.
Excelsior Energy Capital exits Faraday and Skyhawk solar plants to Enel
Excelsior Energy Capital has exited the Faraday and Skyhawk utility-scale solar plants to Enel, according to PE Hub.
InTandem Capital’s Ivy Fertility acquires Santa Barbara Fertility Center
Santa Barbara Fertility Center, founded by Rene Allen in 2008, has joined Ivy Fertility’s network, according to PE Hub.
PE Hub: Ardian, Sagemount, Eir, Thoma Bravo back life sciences software
PE Hub reports private equity interest in life sciences software and says 1315 Capital closed a carve-out deal tied to Argonaut’s diagnostics division.
Blackstone signs agreement to acquire Flow Control Holdings from Audax
Blackstone has signed a definitive agreement to acquire Flow Control Holdings from Audax Private Equity, with Audax retaining a minority stake and the deal expected to close in Q4.
Avesi Partners-backed Danforth Health acquires rare disease consultancy Ambit
Danforth Health, backed by Avesi Partners, has acquired Ambit RD, a rare disease and specialty markets consultancy, according to PE Hub.
Apollo Sports Capital signals interest in NFL stake as league opens PE framework
Apollo Sports Capital CEO Al Tylis said the platform is interested in NFL ownership as the league’s 2024 framework allows approved firms to buy up to 10% stakes in teams.
Jaguar LAA acquires Laminar program assets from Johnson & Johnson
Jaguar LAA, formed with Santé Ventures and Laminar management, acquired assets related to the Laminar left atrial appendage closure program from Johnson & Johnson.
Syngenta et Amoéba signent un accord exclusif de distribution en Europe pour AXP20
Syngenta Crop Protection AG et Amoéba ont annoncé un accord exclusif de fourniture et de distribution en Europe pour AXP20, un fongicide biocontrôle de nouvelle génération.
BetMGM signs multi-year Vikings partnership in Canada and launches exclusive casino game
BetMGM said it became the Minnesota Vikings’ official sports betting and online casino partner in Canada under a multi-year deal that also includes an exclusive Vikings-themed casino game in Alberta a
Warburg Pincus and Berkshire Partners agree $11.75bn sale of CPP to GE Aerospace
Warburg Pincus and Berkshire Partners have agreed to sell Consolidated Precision Products to GE Aerospace for $11.75bn, with closing expected in the second half of 2027.
Norwest partner Sean Jacobsohn outlines finance and HR software openings and an AI caution
Sean Jacobsohn of Norwest discussed finance and HR software investing themes, AI use in accounting, and why he tests CEO sales ability before investing.
Mistral AI raises $3.5B Series D at more than $24B valuation led by Samsung Electronics
Paris-based Mistral AI said it raised a $3.5B Series D led by Samsung Electronics, valuing the generative AI startup at more than $24B, according to Crunchbase News.
PSG Equity co-leads €3bn Mistral round valuing AI firm at about €21bn
PSG Equity co-led a €3bn funding round for France’s Mistral alongside Samsung Electronics and the EU-backed Scaleup Europe Fund, valuing the three-year-old AI company at about €21bn.
Oura files with SEC for IPO; valuation could exceed $16bn, Dealbreaker reports
Smart ring maker Oura filed an SEC registration statement for an IPO; share count and price range are not yet set, according to Dealbreaker.
Main Capital Partners makes first UK investment with majority stake in Orgvue
Main Capital Partners has acquired a majority stake in London-based Orgvue in its first UK investment, according to Private Equity Wire.
Platinum Equity prepares €400m sale of De Wave to Renaissance Partners
Platinum Equity is preparing to sell Italy-based maritime interiors specialist De Wave Group to Renaissance Partners in a deal valued at about €400m, according to Private Equity Wire.
