Commentary

Blackstone buys Hill Top Energy Center from Ardian, as data centers drive unprecedented power demand growth; how OEP will invest Fund IX

Leading with a scoop: Blackstone is acquiring Hill Top Energy Center from Ardian for about $1 billion; an interview with One Equity Partners president Greg Belinfanti about how the firm plans to invest its recently closed $3.25 billion ninth flagship fund.

German advanced manufacturing shows promise, says Lincoln International; Warburg, Permira bid for London-listed fund admin business JTC

Warburg’s offer follows two previous non-binding bids that JTC’s board unanimously rejected.

Vista fuels Joblogic’s AI push in fragmented FSM market; EY sees narrow windows for European IPOs

Joblogic is a field service management software provider.

Real estate asset class driving deals in tech; HCI agrees to sell SDS Rx to business unit of DHL Group

Private equity has has a busy 2025 with restaurants after Rhône acquired fast casual franchise Freddy’s.

Ariel Alternatives buys Groome Industrial Service Group; Rhône Group to acquire Copperweld Bimetallics from Kinderhook

A pair of power- and utility-focused exclusives: Ariel Alternatives acquires Groome Industrial Service Group from Argosy Private Equity; and Rhône Group and Kinderhook Industries reach an agreement under which Rhône will acquire a 110-year-old manufacturer of bimetallic power and grounding conductors. Also: Sverica Capital Management makes a growth investment in Raken, a field management software provider to the construction industry; and Arcapita acquires a majority equity stake in C&K Paving, a provider of parking lot maintenance services.

Permira leads $525m investment in MENA property portal alongside Blackstone Growth; Archimed acquires infant and elderly skincare business

Archimed has expanded its presence in the consumer health sector with the acquisition of Groupe Laboratoire Rivadis.