Medical supplies group Medline has raised approximately $6.26bn in the largest initial public offering globally in 2025, marking a significant partial exit for its private equity owners Blackstone, Carlyle, and Hellman & Friedman, according to a report by Reuters.
TPG has reduced its stake in cosmetics group Anastasia Beverly Hills as part of a debt restructuring, largely wiping out the private equity firm’s $600m investment, according to a report by Bloomberg. TPG now holds around 6% of the business, down from the roughly 38% it acquired in 2018.
Mutares SE & Co KGaA has sold its portfolio company Fuentes Quality Logistics SL (Fuentes), a service company involved in temperature-controlled logistics with revenues of approximately €200m, to a consortium led by Ontime franchise and the founding family.
Investindustrial has appointed Alberto Bettoli as co-head of operational improvement. Bettoli will formally join the firm in April 2026 following a 26-year career at McKinsey & Company, where he most recently served as senior partner, leading client service teams and advising executives across industries and functions including strategy, M&A, commercial
Private equity firm Warburg Pincus has agreed to sell US-based TRC Companies to Canadian engineering and professional services group WSP Global in a cash deal valued at $3.3bn, marking a significant exit for the sponsor according to a report by Bloomberg.
Thoma Bravo is in talks to merge shipping software provider Auctane with third-party logistics company WWEX to create a combined business valued at up to $12bn, according to a report by Bloomberg citing people familiar with the matter. The private equity firm is reportedly proposing an equity injection of around
Benson Li has left Sackville Capital, the wealth firm founded by former Goldman Sachs executive Nasir Alsharif, around two years after joining as head of investments, according to a report by Bloomberg citing UK filings. The firm oversees assets for a billionaire Saudi family and has been repositioning its strategy
Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, has appointed Lance Carr as managing director and head of valuations. He brings nearly two decades of experience in valuations, mergers and acquisitions advisory, financial reporting, and tax compliance
MML Capital has closed MML Dorchester SCSp, a new continuation vehicle capitalised with over €630m of investor commitments. The fund has been established to acquire interests in two European business services companies currently held across prior MML Partnership Capital funds, alongside stakes held by other shareholders.
The private equity owners of the UK’s two largest roadside recovery businesses, the AA and the RAC, are moving toward potential exits next year, with both companies targeting valuations of around £5bn, according to a report by the Financial Times.
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
