Private equity activity in the technology sector has surged in 2024, with 97 take-private deals reported by mid-year, indicating a potential match with last year's total. Notable acquisitions include Adevinta's $13 billion deal led by Permira and Blackstone, and Smartsheet's $8.4 billion offer from Vista Equity Partners. Other significant transactions involve Squarespace, Nuvei, and PowerSchool, with valuations ranging from $5.6 billion to $7.2 billion. The trend reflects private equity's growing influence as a liquidity source for tech companies seeking exits.