August, 2026

Third Coast Capital Advisors is pleased to share our Q2 2026 Private Equity New Platform Tracker, covering new platform activity across the Services sector.

As a buyside firm pursuing add-ons for private equity owned companies, we track platform activity within the Services sector as it is our main area of focus. We closely track new platform activity to better understand where sponsors are deploying capital and where future add-on acquisition activity may emerge.

Q2 2026 at a Glance:

• 120 new platform transactions across 103 unique private equity firms

• 11 sponsors completed 2 or more new platform investments

• Industrial Services led activity, representing 37% of tracked platforms

• Business Services accounted for 33% of activity

• Tech-Enabled Services accounted for 20% of activity

• Consumer Services accounted for 10% of activity