A $1.2 billion PE deal in the chemical & gas space this week certainly caught our attention. And while you can read more below on Golden Gate Capital's announcement to acquire the ANGUS Chemical Company, we wanted to build off the news and explore global trends in the industry group. According to the PitchBook Platform, PE deals in chemical & gas companies saw a 48.4% year-over-year increase through the first three quarters of 2014 compared to last year. Projecting to year end, 2014's activity is on pace to match 2012's post-crisis record.
Click to explore the data on the PitchBook Platform
The year could be in store for a big finish, as 4Q activity has been especially strong in the industry. From 2010 to 2013, PE investors averaged 18.5 deals in 4Q and just 11.8 in other quarters. The 24 deals in 4Q 2013 marked the biggest quarter since before the crisis.
To delve through our data on PE investment in chemicals & gases, or to explore industries of your choosing, contact us here.