M&A wrap: Houlihan Lokey, HL Finance, HPS, Rising Stars of Private Equity

With MSO structures sidestepping regulatory limits, private equity is eyeing a $400 billion market ripe for consolidation.

The acquisition strengthens DwyerOmega's precision temperature measurement product offering in cryogenics, while expanding its measurement capabilities into magnetics.

As GP-led secondaries scale to record levels, top investors are flagging a widening gap between trophy assets and weaker deals, even as new financing tools like CFOs further blur the line between sale and securitization.