Private Equity Deal Volume Doubles in Q3

The third quarter ends in just a few hours, so we’ll jump the gun with official deal data from Thomson Reuters (which just happens to be our publisher).

Global private equity volume came in at over $37.84 billion for 641 deals, compared to $15.92 billion for 573 deals during the previous quarter. This easily represents the busiest quarter for private equity since Q3 2008, when over $55 billion was transacted. (Note: The Q3 figure includes agreed-upon deals that have not yet closed, like Skype). 

It’s important to keep the bump in context, however, by emphasizing that private equity activity during the first nine months of 2009 is 66.9% lower than it was during the first nine months of 2008. Moreover, the past four quarters combined have been slower than any other four-quarter period since Q3 2001-Q2 2002.

Global M&A — including private equity — was valued at $459.78 billion in Q3, compared to $527.83 billion the prior quarter and $799.46 billion in Q3 2008. Overall, there has been $1.46 trillion of global M&A either closed or announced so far this year.

You can download the full spreadsheet here.