Blackstone & TPG close the $17B Hologic take-private, Hg completes $6.4B OneStream deal, and Senior plc agrees to $1.9B buyout. Plus: Mercer closes $3.8B fund. Your weekly PE deal review.

From EA's record-shattering $55 billion LBO debt demand to TK Elevator's potential €25 billion exit and Ardian's $30 billion secondaries fund, this week reshaped the private equity landscape.

In a more demanding cycle, the difference is made less by the narrative… and more by asset quality, execution capability, and operational value creation. Healthcare ticks all these boxes: demand is structural, needs are long-lasting, and innovation (services, data, patient pathways, medtech, diagnostic tools) continues to reshape the sector. As a result, healthcare remains a natural playing field for specialized private markets strategies provided one is selective.

Airfund presents Capital Dynamics Mid-Market Direct 6, the new mid-market co-investment strategy focused on high-growth mid-sized companies. This innovative fund combines financial performance with international diversification and is now available to private investors through Airfund.

The private equity market continues to evolve in an environment shaped by interest rate normalization, increased investment selectivity, and a growing focus on sustainable long-term performance.

After two years dominated by rising interest rates and reduced liquidity, 2026 marks a regime shift in private markets. While the euphoria of 2021 is not returning, the market is entering a healthier cycle characterized by greater price discipline, a gradual reopening of exit windows, and a quality premium focusing on resilient assets capable of generating cash flow and managers with strong operational capabilities.

The Article 150-0 B ter tax regime plays a central role in wealth planning strategies related to business sales in France. As the 2026 Finance Act may reshape its framework, this tax mechanism remains, for now, a particularly powerful tool to defer capital gains taxation and redirect capital toward private market investments, directly supporting the real economy.