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Monday brought a steady stream of private equity activity to kick off the week, headlined by Arlington Capital Partners deploying its first platform investment from its oversubscribed $6 billion Fund VII with the acquisition of engineering firm Pond & Company. The deal flow showcased the breadth of PE's reach—from cybersecurity platforms to AI-driven trading tech, collision repair consolidation to defense sector engineering, and even a $450 million government partnership to secure critical mineral production.
Let's break it down.
Today's Report
Major Investments & Infrastructure Deals
Arlington Capital Partners
Pond & Company Acquisition
Arlington Capital Partners acquired Pond & Company, a full-service design and engineering firm providing regulatory-driven services to the federal government and customers across energy, infrastructure and life sciences industries. The transaction marks the first platform investment by Arlington's recently closed $6 billion Fund VII. DC Capital Partners sold the company after backing its growth in regulated engineering services.
Pinnacle Asset Management
$450M Atlantic Alumina Partnership
Atlantic Alumina Company announced a $450 million strategic partnership with the U.S. Department of War and Pinnacle Asset Management to sustain domestic alumina production and establish America's first large-scale primary gallium production circuit in Gramercy, Louisiana. The DOW invested $150 million in preferred equity while Pinnacle's fund invested over $300 million in private capital to secure the country's sole operating alumina refinery.
Sole Source Capital
Brite Acquisition
Sole Source Capital acquired Brite, a leading cybersecurity and managed services provider serving customers across the U.S. The transaction marks Sole Source's first platform investment from SSC Partners Fund III. Founded in 1983 and based in Victor, New York, Brite delivers cybersecurity, IT managed services and technology solutions to customers in finance, healthcare, insurance, and education.
Hurricane Capital
Kiyomi AI Acquisition
Hurricane Capital, a global asset management firm focused on AI innovation in finance, acquired Kiyomi AI, a next-generation portfolio intelligence layer designed to support institutional finance workflows. The acquisition follows Hurricane Capital's strategic investment in Transient.AI in 2025 and marks another step in its mission to redefine institutional trading through artificial intelligence.
Godspeed Capital
Aurex-Alpha 2 Deal
Aurex, a Godspeed Capital-backed platform offering advanced engineering and technologies across space, hypersonics, and missile defense markets, acquired Alpha 2, Inc., a Virginia-based company specializing in cryptographic engineering, cybersecurity, and engineering services for U.S. space, defense and intelligence community customers. The strategic acquisition bolsters Aurex's commitment to advancing national security space and missile defense initiatives.
Fundraising & Financing
Wingspire Capital
$35M revolver
Wingspire Capital provided a $35 million senior secured revolving credit facility to Advita Ortho, a global orthopedic solutions and integrated surgical solutions provider. The transaction demonstrates the growth and demand for Wingspire Capital's Healthcare Finance platform, which was established last year to meet the unique needs of the healthcare middle market.
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M&A Transactions & Deals
Koch Companies acquires Store Opening Solutions – Koch Companies, a full-slate transportation services company, acquired Store Opening Solutions (SOS), a pioneer in retail inventory consolidation based in Murfreesboro, Tennessee, from Marmon Holdings. The strategic acquisition expands Koch Logistics & Warehousing's geographic and industry-specific offerings. The news coincides with Koch's 50-year anniversary in 2026. Read More →
Collision Partners completes first acquisitions – Collision Partners, a quality-first collision-repair platform, completed two strategic acquisitions—Fantastic Finishes and Chassis Master—marking the launch of its disciplined growth strategy across the Southeastern United States. Russ Swift, founder of Fantastic Finishes, joins as Director of Strategic Operations, while Scott Woodard joins as Vice President of Integrations. Read More →
Five Arrows acquires majority stake in Blue Mountain – Five Arrows, the alternative assets arm of Rothschild & Co, made a majority investment in Blue Mountain, a leading provider of enterprise asset management software to the U.S. life sciences manufacturing industry. Accel-KKR, Blue Mountain's current investor, will remain as an investor alongside Five Arrows. The investment will support product development, expansion of operations, and growth initiatives. Read More →
Renovus-backed Superior Health Holdings acquires Hope Healthcare & Hospice – Superior Health Holdings, a leading provider of home health and hospice services across Louisiana, acquired the Bayou Country hospice operations of Hope Healthcare & Hospice. The acquisition expands Superior's integrated care capabilities and deepens its presence in Southern Louisiana. Read More →
Regulatory & Industry Developments
DOJ opens criminal investigation into Fed Chair Jerome Powell – The Department of Justice served the Federal Reserve with subpoenas and threatened criminal indictment over Fed Chair Jerome Powell's testimony to the Senate Banking Committee in June regarding renovations to Fed buildings. Powell stated the investigation was an attempt to limit central bank independence. North Carolina Senator Thom Tillis said the probe raises concerns about efforts to end Federal Reserve independence under the Trump Administration.
People Moves
SK Capital's PPT Group appoints new CEO and CFO – Physical Properties Testers Group Limited, a portfolio company of SK Capital, announced the appointment of Mark Fleiner as its new Chief Executive Officer, and Rebecca Henry as its new Chief Financial Officer, both effective January 5, 2026. Fleiner brings more than 35 years of experience in the industrial technology and test & measurement industry, most recently serving as President of Spectris Scientific.
Cohen & Company opens Houston office, expands energy capabilities – After nearly doubling deal flow and closing $44 billion in transactions in 2025, Cohen & Company Capital Markets announced the opening of its Houston office to serve as the firm's hub for energy and energy transition advisory services. The firm appointed Rahul Jasuja as Managing Director and Head of Energy and Energy Transition, along with Varidhish Desai as Associate and Morgan McKee as Analyst.
Argosy Healthcare Partners appoints Tyler Benware as CEO of Integrated Solutions – Integrated Solutions for Benefits and Insurance Services, an Argosy Healthcare Partners portfolio company, announced the appointment of Tyler Benware as its new Chief Executive Officer. Benware brings extensive industry experience across the self-funded healthcare market, most recently serving as Senior Vice President of Enterprise Solutions & Renewals at Advanced Medical Strategies.
Upcoming Events
That's the wrap. More deals coming your way tomorrow.
- Private Markets Minute Team