Deals
Earnings data compiled by Bloomberg has revealed that listed PE firms are amassing significant capital ahead of a resurgence in dealmaking, with seven major firms reporting a combined $722bn in dry powder as of 30 June, a 9% increase from the previous year.
Platinum Equity has acquired ASP Global, a US developer and distributor of consumable medical products for healthcare providers and distributors. Financial terms of the deal have not been disclosed.
Bansk Group, a consumer-focused private investment firm, is to acquire pet medication, health and wellness company PetIQ for $31.00 per share, in an all-cash transaction valued at approximately $1.5bn.
International private credit firm NorthWall Capital has closed a €120m second lien facility to Technopolis, a Finnish company providing office spaces and related services owned by private equity firm Kildare Partners.
Littlejohn & Co, a middle-market private equity and special situations investment firm, is to sell alphabroder, a supplier of trade, retail, apparel brands and branded imprintable products, to Clayton Dubliner & Rice portfolio company S&S Activewear.
Private asset manager Bridgepoint has exited its majority investment in sports nutrition company Vitamin Well with a sale to international private equity firm Cinven, which is now the company’s largest shareholder and lead investor.
US private equity major KKR is planning to take Japanese systems developer Fuji Soft private in a deal valued at around JPY600bn ($4.13bn), according to a report by NikkeiAsia citing unnamed sources familiar with the matter.
Private capital asset manager Pollen Street Capital has acquired Etops Group in an add-on transaction for its new European wealth and asset management software group, which was announced in Q4 2023.
Emera, an international energy and services company, is to sell its wholly owned operating company, New Mexico Gas Company, to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for an aggregate transaction value of $1.252bn.
Private credit funds are currently in discussions to provide at least AUD1.5bn ($978m) in junior debt to support a potential buyout of Australian data centre operator AirTrunk, according to a report by Bloomberg citing unnamed sources familiar with the negotiations.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm