pe deal flow

US Dealflow and Deal Size Down Despite Boom in Exits

by

April 21, 2012

PitchBook’s latest statistics for all regions in the US reveal that PE dealflow was down in the first quarter of 2012 compared to fourth quarter of 2011, with just 321 completed deals totaling USD 55 billion in invested capital. Deal size was smaller too, with those under USD500 million representing 95% of activity. As far as target sectors, the technology industry grew in favor with USD 10.8 billion in invested capital.

 

Pitchbook said that despite declines in PE investment in the first quarter, exit activity remained strong with 112 companies sold or taken public for a total of USD21 billion.

 

Exits are expected to continue because due to the record number of a portfolio companies still held, slightly over 2400 companies, on the books of GPs. Image Sources: PitchBook, DiscoverAmerica website

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