latest news in Private Equity

Pacific Avenue Capital Partners Acquires Care.com for $320 Million as IAC Streamlines Portfolio

Los Angeles, Tuesday, 3 March 2026.
Pacific Avenue Capital Partners will acquire Care.com from IAC for $320 million in a strategic carve-out. The deal marks a notable pivot for IAC, divesting the asset for significantly less than its $500 million purchase price in 2020.

Private Equity Industry Pivots to Retirement Accounts as Returns Stall

New York, Saturday, 28 February 2026.
As private equity firms returned only 14% of managed capital in 2025, the push to access the $10 trillion 401(k) market raises urgent concerns regarding liquidity and risk for savers.