Dealmaking

Permira’s Muelder and Brenhouse: Valuations growing for A-grade services companies

Permira has appointed chief AI officers at its portfolio companies Evelyn Partners, Acuity, Westbridge and Alter Domus.

PE Hub’s most popular stories of 2025 focused on elusive exits, tariff jitters, GP-led CVs, 401k access, Europe targets, AI, A&D and sports

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.

M&A in 2025 didn’t match expectations, but private equity dealmakers are once again hopeful for 2026

Thoma Bravo, Warburg Pincus and Turn/River Capital are among the firms involved in the biggest TMT and industrials deals of the year.

DPI is the ‘hot acronym’ in PE right now, says West Monroe; Mérieux Equity Partners to sell pharma commercialization biz to SK Capital

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

Astorg, Cinven, Hg bet on high multiples for clinical data exchanges; Arcline inks $685m deal to sell MMT

Clinical data exchanges are attracting multi billion dollar transactions with high multiples for PE firms including Astorg, Cinven, Nordic Capital and Hg; a look at Arcline Investment Management’s $685 million agreement to sell Medical Manufacturing Technologies to Perimeter Solutions.

PE spots opportunities in clinical data exchange: 7 deals

Astorg, Frazier Healthcare, Hg and Nordic Capital are among the PE firms pursuing deals around clinical data exchange assets.

Value dispersion a ‘defining feature’ in 2026, says Inflexion’s Flor Kassai; EQT, Bridgepoint and LDC in exits this week; Vista-backed Joblogic makes add-on

'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.'

AI boom is being driven by rapid enterprise adoption

Annual enterprise spending on AI has surged from just $1.7bn in 2023 to $37bn in 2025, as companies see 'real revenue and productivity gains at scale,' Menlo Ventures says in its third annual report on generative AI in the enterprise.

Arsenal eyes add-ons for pharma packaging firm ThermoSafe; Riverside exits fire safety platform CertaSite to API

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

Arsenal’s Matthew Teller: M&A a ‘cornerstone’ in ThermoSafe investment thesis

'We’re going to focus on M&A as part of our value creation, so we’ll be a buyer for the next several years for assets like this,' says Arsenal Capital Partner’s George Abd.