Private equity has been making some big bets this year (just like Dick Schulze has been looking for anyone willing to make a mega-bet alongside him). Plunging into spaces like retail and media & entertainment, private equity firms appeared willing anew to pursue bets in sectors that hadn’t gone well for prior sponsors in the wake of the last boom. In other industries, like energy and power and financials, private equity stuck to its knitting, making deals that have come to typify some LBO shops. Today, peHUB breaks 2012’s Thomson Reuters data down for the first 11 months of the year.
High technology was the biggest deal category of 2012 leading up to Nov. 30; Thomson Reuters data shows that more than $18 billion in PE deals were done totaling 185 transactions. This put high tech as the #1 deal category of the year, taking 19.7 of the market share. Remember Thoma Bravo’s $1.1 billion Deltek deal earlier this year? PE has been spending big.
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