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Tuesday kicked off with Quantum Capital Group cashing out of Cogentrix in a $4.7 billion sale to Vistra, while KKR and Oak Hill Capital committed nearly $2 billion to European data center platform Global Technical Realty.
Infrastructure and industrial services continued to dominate deal flow, from digital out-of-home media networks on college campuses to electric utility services expanding across the Midwest. Meanwhile, private credit kept humming along with Beach Point closing its fourth CLO at $402.5 million, and platforms across pest control, plumbing, and waterworks executed strategic add-ons to deepen their regional footprints.
Let's break it down.
Today's Report
Major Investments & Infrastructure Deals
Quantum Capital Group
Power Sector Exit
Quantum Capital Group announced the sale of Cogentrix to Vistra Corp. in a $4.7 billion transaction, marking one of the largest power sector exits to start the year. The deal underscores continued appetite for power generation assets as grid modernization and energy transition drive infrastructure investment.
Insignia Capital Group
OOH Media Investment
Insignia Capital Group announced a strategic investment in Trooh Media, a leading digital-out-of-home media platform that enables brands to engage Gen Z audiences at scale across U.S. college campuses. Founded in 2016, Trooh operates a proprietary network of premium digital screens embedded within high-traffic, brand-safe campus environments nationwide.
Sagard Real Estate
Industrial Acquisition
Sagard Real Estate announced the acquisition of a 162,400-square-foot industrial distribution facility in Auburn, Washington, leased to a national third-party logistics provider. The property benefits from strong functional attributes and infill location with convenient access to the Ports of Seattle and Tacoma.
Fundraising Announcements
Beach Point
$402.5 CLO
Beach Point Capital Management closed its fourth collateralized loan obligation, bringing total CLO issuance to $402.5 million. The firm continues to expand its CLO platform as part of its broader credit strategies.
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M&A Transactions & Deals
A&M Capital's East Coast Power acquires United Powerline Solutions – East Coast Power, backed by A&M Capital Partners, acquired United Powerline Solutions, a Haubstadt, Indiana-based provider of overhead distribution services for electric utilities across the Midwest. The acquisition advances ECP's strategy to expand into select North American markets amid growing demand driven by grid modernization. Read more →
Thompson Street Capital's PestCo Holdings acquires Bio-Tech Pest Control – PestCo Holdings, backed by Thompson Street Capital Partners, announced the acquisition of Bio-Tech Pest Control, a leading provider of residential and commercial pest control services throughout metropolitan Houston. The acquisition continues PestCo's expansion strategy in one of the nation's fastest-growing cities. Read more →
Wind Point's SIGMA acquires Masonry Supply – Sigma Companies International Corp., a Wind Point Partners portfolio company, acquired Masonry Supply and its Tricast-branded product line. Based in Selma, North Carolina, MSI manufactures municipal waterworks castings and polymer enclosures, strengthening SIGMA's Southeast footprint. Read more →
Broadtree Partners acquires ACME Plumbing Company – Broadtree Partners announced the acquisition of ACME Plumbing Company, a fourth-generation family-owned plumbing services company based in Durham, North Carolina. Founded in 1947, ACME will serve as the platform investment for Broadtree's mechanical, electrical, and plumbing services strategy in the booming Triangle market. Read more →
H.I.G. Capital announces proposed sale of Interpath Advisory to Bridgepoint – H.I.G. Capital announced the proposed sale of Interpath Advisory to Bridgepoint Group Plc in a cross-border transaction. Moelis & Company is serving as financial advisor on the transaction, which remains pending. Terms were not disclosed. Read more →
Regulatory & Industry Developments
Carlyle's Wise sees good year for private equity deals after tricky 2025 – Carlyle Group executives struck an optimistic tone about deal activity in 2026, with expectations that middle-market M&A will rebound after a challenging 2025. Private equity firms are expected to unleash pent-up demand for middle-market transactions as valuation gaps narrow and financing conditions improve.
People Moves
GrowthCap announced their 40 Under 40 for 2026 – GrowthCap released its annual 40 Under 40 list, recognizing rising stars across the private markets industry. The list highlights emerging leaders at firms ranging from mega-funds to growth equity shops who are shaping the future of private capital. See the full list here.
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That's the wrap. More deals coming your way tomorrow.
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