Private equity firms put nearly $8 billion into Texas deals in 2010, firm says
Private equity firms invested $7.8 billion in 136 Texas companies in 2010, making the state fourth behind California, Illinois, and New York in deals, the Private Equity Growth Capital Council reports today.
Nationally, equity firms invested $148 billion in 1,234 companies last year, representing 51 percent of private equity deals worldwide, the council said.
The top three states in equity deal value:
- California: $16.2 billion, 195 companies, 14.9 percent of U.S. deal value
- Illinois: $10.7 billion, 61 companies, 9.9 percent.
- New York: $10.1 billion, 95 companies, 9.3 percent
Texas’ equity deals accounted for 7.2 percent of deal value.