Key Takeaways
- • One Equity Partners completed the acquisition of Leviat on June 1, 2026, expanding its portfolio of middle-market industrial and commercial services companies.
- • The transaction represents OEP's continued execution of its acquisition strategy, with the firm closing multiple deals across diverse sectors throughout 2025 and early 2026.
- • One Equity Partners, JPMorgan Chase's former merchant banking arm, maintains focus on leveraged buyout and growth capital investments in middle-market businesses, positioning portfolio companies as strategic market leaders.
- • The Leviat acquisition aligns with OEP's pattern of transformational acquisitions designed to strengthen capabilities and create industry consolidation opportunities.
Summary
One Equity Partners completed its acquisition of Leviat on June 1, 2026, according to the firm's official announcement. The transaction marks another addition to OEP's expanding portfolio of middle-market companies across industrial, commercial services, and technology sectors.
One Equity Partners is a middle-market private equity firm with roots in JPMorgan Chase's merchant banking operations. The firm specializes in leveraged buyout and growth capital transactions targeting companies with enterprise values typically in the $100 million to $1 billion range. OEP's investment thesis emphasizes transforming businesses into strategic market leaders while granting management partners operational autonomy and entrepreneurial freedom.
The Leviat acquisition follows a sustained period of deal activity at OEP. Throughout 2025 and into 2026, the firm completed multiple acquisitions including Montanhydraulik (December 2025), Digital Value (October 2025), McNICHOLS (October 2025), BARTEC (August 2025), and Kitwave Group (March 2026). Additionally, OEP closed its $3.25 billion Fund IX in September 2025, providing significant dry powder for continued investment activity. The firm has demonstrated an exit strategy as well, completing the sale of its stake in Armis as part of a $7 billion transaction in December 2025 and divesting the stake in March 2026.
OEP's investment strategy often involves simultaneous acquisitions and strategic combinations designed to create pan-regional or sector-specific champions. Recent examples include the merger of Trustmarque Group and Ultima Business Solutions to create a leading UK IT services platform, and the combination of MediaKind and Harmonic's video business to establish an independent video technology leader. This approach to value creation through consolidation and operational synergies has positioned OEP as an active consolidator in middle-market sectors.
One Equity Partners is a middle-market private equity firm with roots in JPMorgan Chase's merchant banking operations. The firm specializes in leveraged buyout and growth capital transactions targeting companies with enterprise values typically in the $100 million to $1 billion range. OEP's investment thesis emphasizes transforming businesses into strategic market leaders while granting management partners operational autonomy and entrepreneurial freedom.
The Leviat acquisition follows a sustained period of deal activity at OEP. Throughout 2025 and into 2026, the firm completed multiple acquisitions including Montanhydraulik (December 2025), Digital Value (October 2025), McNICHOLS (October 2025), BARTEC (August 2025), and Kitwave Group (March 2026). Additionally, OEP closed its $3.25 billion Fund IX in September 2025, providing significant dry powder for continued investment activity. The firm has demonstrated an exit strategy as well, completing the sale of its stake in Armis as part of a $7 billion transaction in December 2025 and divesting the stake in March 2026.
OEP's investment strategy often involves simultaneous acquisitions and strategic combinations designed to create pan-regional or sector-specific champions. Recent examples include the merger of Trustmarque Group and Ultima Business Solutions to create a leading UK IT services platform, and the combination of MediaKind and Harmonic's video business to establish an independent video technology leader. This approach to value creation through consolidation and operational synergies has positioned OEP as an active consolidator in middle-market sectors.
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