PE Hub Wire

Friday is the deadline for PE Hub’s Deal of the Year Awards; recapping several significant deals announced in late December and early January: Energy Capital Partners sold Calpine Corporation, Hg agreed to acquire OneStream, One Equity Partners agreed to sell its stake in Armis; how will 2026 compare with last year's record-breaking PE investment in the aerospace and defense sector?

London-listed Auction Technology Group has this morning rebuffed the latest potential take-private offer from FitzWalter Capital.

Rounding up five deals in the pharma commercialization segment, and delving into trends driving that activity; a discussion with 888 Midas’ Ross Walker on the firm’s strategy for investing in the sports, health tech sectors over the next few years; zeroing in on Water Street Healthcare Partners’ investment in a tech-enabled company focused on optimizing hospital pharmacy operations.

Clue is a women-led period and cycle tracker health and wellness app.

A Q&A with William Blair’s global head of investment banking Matthew Zimmer, who shares that there’s 30,000 or more PE-backed portfolio companies in need of an exit; an update on Blackstone taking final round bids for utility pole manufacturer Sabre Industries; takeaways from Deloitte’s 2026 divestiture survey.