PE & activist takeover targets

Russell 3000 companies are 3× or more likely than average to be bought by a private-equity firm

Updated Nov 4, 2026

Above-average companies by how much more likely they are to be taken private. 1,563 more are below average.

Likelihood vs. average	Companies
1–2×	427
2–3×	100
3–5×	59
5–10×	31
10×+	8
Below 1×	1563

Latest activist stakes

Nov 2, 2026Cobblers Cove Capital LP filed a 13D on Dine Brands Global, Inc.
Nov 2, 2026Arkhouse Management Co. LP filed a 13D on Dine Brands Global, Inc.
Oct 30, 2026Al Shams Investments LTD filed a 13D on Braemar Hotels & Resorts Inc.
Oct 30, 2026SC US (TTGP), LTD. filed a 13D on Maplebear Inc.
Oct 30, 2026Fund 1 Investments, LLC filed a 13D on Xponential Fitness, Inc.

Most likely to be taken private

#	Company	Market cap	Signals	Likelihood
1	EVCMEverCommerce Inc.	$1.6B	4 / 15	22×
2	VSECVSE CORP	$4.1B	4 / 15	21×
3	NABLN-able, Inc.	$979M	5 / 15	18×
4	NCNOnCino, Inc.	$2.4B	7 / 15	16×
5	FUBOFuboTV Inc.	$2.6B	5 / 15	14×
6	CCSIConsensus Cloud Solutions, Inc.	$685M	3 / 15	13×
7	YEXTYext, Inc.	$714M	7 / 15	12×
8	HSTMHEALTHSTREAM INC	$985M	6 / 15	11×
9	NRCNRC HEALTH	$528M	5 / 15	9.1×
10	TRNSTRANSCAT INC	$808M	6 / 15	8.9×
11	WAYWaystar Holding Corp.	$5.4B	3 / 15	8.7×
12	RPDRapid7, Inc.	$1.1B	6 / 15	8.1×
13	SAILSailPoint, Inc.	$12.0B	4 / 15	8.0×
14	AHCOAdaptHealth Corp.	$792M	4 / 15	7.8×
15	OSPNOneSpan Inc.	$945M	4 / 15	7.4×
16	OOMAOOMA INC	$546M	5 / 15	7.4×
17	FIVNFive9, Inc.	$2.7B	5 / 15	7.4×
18	ALKTALKAMI TECHNOLOGY, INC.	$1.3B	6 / 15	7.2×
19	PRGSPROGRESS SOFTWARE CORP /MA	$1.8B	3 / 15	7.1×
20	PARPAR TECHNOLOGY CORP	$731M	5 / 15	6.8×
21	FSLYFastly, Inc.	$3.7B	7 / 15	6.3×
22	RHLDResolute Holdings Management, Inc.	$945M	4 / 15	6.2×
23	EVLVEvolv Technologies Holdings, Inc.	$848M	5 / 15	6.1×
24	SVCService Properties Trust	$811M	3 / 15	6.1×
25	PRTHPriority Technology Holdings, Inc. Deal pending	$646M	3 / 15	6.0×
26	SPTSprout Social, Inc.	$723M	3 / 15	6.0×
27	BANDBandwidth Inc.	$1.8B	6 / 15	5.8×
28	SABRSabre Corp	$654M	4 / 15	5.7×
29	MITKMITEK SYSTEMS INC	$815M	4 / 15	5.6×
30	BTSGBrightSpring Health Services, Inc.	$13.3B	4 / 15	5.6×
31	BSYBENTLEY SYSTEMS INC	$13.1B	4 / 15	5.6×
32	PLTKPlaytika Holding Corp.	$755M	4 / 15	5.5×
33	BLKBBLACKBAUD INC	$2.4B	4 / 15	5.4×
34	USPHU S PHYSICAL THERAPY INC /NV	$1.1B	5 / 15	5.4×
35	AVAHAveanna Healthcare Holdings, Inc.	$2.9B	4 / 15	5.4×
36	ALXALEXANDERS INC	$1.3B	4 / 15	5.2×
37	DSGRDistribution Solutions Group, Inc. Deal pending	$1.6B	2 / 15	5.1×
38	CLVTCLARIVATE PLC	$1.1B	4 / 15	5.1×
39	PSTLPostal Realty Trust, Inc.	$653M	3 / 15	5.1×
40	QTWOQ2 Holdings, Inc.	$4.1B	7 / 15	4.9×
41	BMBLBumble Inc. Deal pending	$718M	5 / 15	4.9×
42	BLBLACKLINE, INC.	$2.0B	6 / 15	4.8×
43	GRNDGrindr Inc.	$2.2B	6 / 15	4.8×
44	PDPagerDuty, Inc.	$1.4B	9 / 15	4.7×
45	CCCCCC Intelligent Solutions Holdings Inc. Deal pending	$4.5B	8 / 15	4.5×
46	TENBTenable Holdings, Inc.	$5.9B	4 / 15	4.4×
47	GOODGLADSTONE COMMERCIAL CORP	$553M	4 / 15	4.4×
48	DLXDELUXE CORP	$1.0B	2 / 15	4.4×
49	ALRMAlarm.com Holdings, Inc.	$3.2B	3 / 15	4.3×
50	RAMPLiveRamp Holdings, Inc. Deal pending	$2.3B	6 / 15	4.3×

Which public companies PE buyers and activists are most likely to target

Latest activist stakes

Most likely to be taken private