Private Debt Intelligence – 12/12/2022
Information technology dominates PD in North America
As we near the end of 2022, the dominance of the information technology sector in private debt in North America is showing. 71 deals have been completed in the sector in 2022 YTD, which puts it behind several other sectors such as consumer discretionary and healthcare. However, the aggregate deal value ($90.3bn) for the sector represents over half of all North American PD investment, which came in at $164bn so far this year. These IT deals included the $16.5bn Citrix Systems deal in January, and then $10.4bn Anaplan deal in March, both take privates of software companies.
(Past performance is no guarantee of future results.)
Contact: Laura Messchendorp
laura.messchendorp@preqin.com
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