Where Does Dell’s $24.4 Bln Take-Private Rank Among LBOs?

In the private equity world, size does matter.

The long-awaited Dell buyout, valued at $24.4 billion, is the biggest tech LBO ever. That’s according to Thomson Reuters, publisher of peHUB.

The Dell take-private calls for Silver Lake Partners to inject $1 billion while founder Michael Dell is also contributing equity. The deal is bigger than all other tech-LBOs on record, including the sales of SunGard Data Systems and Freescale Semiconductors, Thomson Reuters says.

Silver Lake , the technology-focused PE firm, has been a player in several of the largest tech buyouts, Thomson Reuters data shows. Of the 10 biggest LBOs, Silver Lake is an investor in four of them: Philips Semi, SunGard, Sabre Holdings and Dell. The Dell deal is also the biggest transaction for Silver Lake, which partnered with BC Partners to buy Intelsat for $16 billion in 2007, The New York Times says. Silver Lake is currently fundraising for its next flagship fund, which has a $7.5 billion target.

Here’s the top five tech buyouts, according to Thomson Reuters.

Photo courtesy of Shutterstock

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