Infrastructure Secondaries Daily
Control Deals Rise as Continuation-Fund Scrutiny Sharpens
Thursday, August 6, 2026 · 7 min
Q2 2026 Digital M&A showed deal value rising while breadth collapsed, with buyers paying for control of compute, power, data and regulated access as GP-led continuation funds face sharper LP diligence questions.
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Show notes
Q2 2026 Digital M&A showed deal value rising while breadth collapsed, with buyers paying for control of compute, power, data and regulated access as GP-led continuation funds face sharper LP diligence questions.
In this episode
- Q2 2026 Digital M&A Market Report | Flight to Control — Acquiry
Q2 2026 Digital M&A Market Report | Flight to Control Digital M&A # The Flight to Control:Q2 2026 Digital M&A Market Report By Joash Boyton, Founder & Managing Director, Acquiry • August 2026 27 min read Q2 2026 did not deliver a broad-based M&A recovery. Headline deal value accelerated while transaction count contracted. Strategic buyers returned to the front of the market, and capital…
- Step Back — APG is buying 37.5% of the European data-centre platform NorthC, but what does a minority stake like that actually give an infrastructure investor—economic exposure, influence over decisions, or a path to more control later—and why choose it over buying the whole business?
Background sources
- Freshfields advises APG on investment in NorthC | Freshfields — Freshfields
- APG invests in European data center company NorthC - DCD — Datacenterdynamics
- Antin to acquire NorthC, a leading European enterprise colocation data centre platform, from DWS - Antin — nicolle.graugnard
- DWS sells NorthC Datacenters to Antin Infrastructure Partners | News | Real Assets — IPE staff 2025-12-11T12:36:00+00:00
- Dutch government sells nearly half of TenneT Germany for $11.3 billion — Bart H. Meijer, Andres Gonzalez and Christoph Steitz September 24, 2025 3 min read
- How to Vet a GP-Led Continuation Fund: LP Due-Diligence Guid — Angel Investors Network
 # How to Vet a GP-Led Continuation Fund Before You Commit Capital Roughly half of all secondaries capital now flows into GP-led continuation funds, according to Adams Street Partners , which puts continuation vehicles at close to 50% of its 2026 secondaries... ![How to Vet a GP-Led Continuation Fund Before You Commit…