Private equity firms have had their busiest six months since records began four decades ago, striking deals worth more than $500bn and helping to propel global mergers and acquisitions activity to an all-time high.
Buyout groups have announced 6,298 deals since the beginning of January, worth $513bn even before counting a $34bn megadeal for the medical supply company Medline, the strongest half-year result since at least 1980 according to figures from data provider Refinitiv.
Wider corporate dealmaking continued at a frenzied pace, with overall transaction volumes hitting an all-time high of $1.5tn this quarter, the fourth consecutive quarter in which it has topped $1tn in a remarkable rebound in activity since the early days of the pandemic.
Source: Financial Times
By Ortenca Aliaj and Kaye Wiggins
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.