Commentary

IK Partners has acquired a majority stake in Ascora Group a French insurance broker, as part of a management buyout.

GI Partners and TA Associates are expected to launch a sale process in early 2026 for an electronic records and healthcare revenue cycle management software company; Warburg Pincus’ Jim Neary, a managing director and co-head of private equity in the US, is the latest subject of our ongoing series of interviews with PE thought leaders; Consortium Brand Partners agrees to acquire California Pizza Kitchen.

'We are likely to see a shake-up in the smaller enterprise and mid-market segments. Given the dynamics we are seeing, these companies will face challenges in managing AI and productivity investments, but also in terms of competition and within their value chains,' said Brenhouse.

Looking back at some of the themes that defined dealmaking in 2025. This special edition of the Wire highlights PE Hub’s most popular stories on topics from elusive exits to opening up 401(k) access and from artificial intelligence to sports.

Mutares has sold its portfolio company Fuentes Quality Logistics to a consortium led by Ontime franchise and the founding family.

'Some businesses will trade at levels that would have been unacceptable two years ago, but the alternative – extended holds and repeated refinancings with limited distributions – is becoming harder for LPs to accept.'

ThermoSafe is a provider of temperature-controlled pharmaceutical packaging based in Arlington Heights, Illinois.