Top private equity news of the week

Bank of America has launched a dedicated Private Capital M&A Group, as the investment bank positions itself to capitalise on growing demand for private equity exit solutions, according to sources cited by Bloomberg.

The new unit will work across the firm’s global platform to provide tailored strategies for buyout firms seeking to monetise portfolio companies, amid a slowdown in traditional IPO and exit markets.

Private equity firms are increasingly holding assets for longer periods, as market volatility and limited public market windows delay exits.

Advent has agreed to sell OLAPLEX to Henkel in a transaction valued at $1.4bn, as the private equity firm exits the premium hair care brand amid continued consolidation in the beauty sector.

The deal, which has been approved by OLAPLEX’s board, will see Henkel acquire 100% of the company, marking a strategic expansion of its Consumer Brands division.

OLAPLEX generated approximately €370m ($400m) in sales in 2025, supported by a strong presence across professional salons, specialty retail, and e-commerce channels.

Danone has agreed to acquire UK-based nutrition brand Huel, as the company strengthens its position in the rapidly growing health and protein segment.

The transaction, for which financial terms were not disclosed, remains subject to regulatory approval.

Huel produces fortified protein powders, ready-to-drink products, and meal solutions, and generated approximately $285m in revenue in 2024.