Not that long ago, it would seem strange to see news of a private equity firm buying a venture-backed company; in today’s private company market, though, it is becoming a weekly, and almost daily, occurrence. In 2013, there were 102 of these deals. Based on the first half of 2014, we expect the year to…
Despite all the talk of a “playground” in Europe for private equity buyers, we aren’t seeing the kinds of deal flow we might expect if we only read the headlines. We found a decline in buyout activity in the second quarter, which saw 261 control investments versus 332 in Q1. Second quarter deal activity didn’t…
Secondary Buyout Activity Secondary buyout activity seems to be declining somewhat thus far in 2014, with only 230 recorded in the PitchBook Platform. 2013, in comparison, saw 486, and 2012 logged the current record of 514…. Subscribe to Read MoreAlready a member? Log in here...
We have been pointing out the growing increase in Add-on activity for years, but it only continues to go up to new levels – so we will keep talking about it. In the first half of this year… Subscribe to Read MoreAlready a member? Log in here...
With a total of 483 U.S. deals being completed in the second quarter, private equity deal activity notched a decline of 35% from the first quarter. The decline in 2Q deal flow is likely the result of high purchase price multiples… Subscribe to Read MoreAlready a member? Log in here...
Over the last several years the biggest opportunity for PE firms was in solid companies that were struggling with generating growth and then to use their operation expertise to fix it up in order to… Subscribe to Read MoreAlready a member? Log in here...
No Curve in the Path Anytime Soon Once each quarter we pause to pull together survey and transaction data to try and understand where the private equity deal market is at in terms of pricing, multiples, leverage and fees…. Subscribe to Read MoreAlready a member? Log in here...
Have PE Firms Learned a Mega Buyout Lesson? Energy Future Holdings’ bankruptcy filing last month put to rest another chapter in the book of boom-era PE buyout failures…. Subscribe to Read MoreAlready a member? Log in here...
Private equity is very much a global beast. As such, when thinking about deal activity trends, it is increasingly important to be aware of what is happening beyond U.S. borders. The largest private equity market outside of North America is,… Subscribe to Read MoreAlready a member? Log in here...
Last week we discussed the increase in valuations seen over the last 12 to 18 months in the middle-middle market, one of the drivers that we cited was the increase in competition and amount of capital chasing these deals. Today’s PitchBook chart shows that U.S. PE funds targeting middle-market deals currently have $305 billion of…