PE investors have had a strong year in the IT sector, and more and more of those investments have been geared toward software. The industry group is claiming 55% of completed IT deals this year, a decade-high percentage up from about 48% last year and 42.5% from 2010, according to the PitchBook Platform.
On another note, here are highlights from this week's content:
Take-private LBOs are set to drop in count for the third straight year, though a couple of big announcements were made earlier in the week. We explored the top PE investors working outside of the trend.
The U.S. South could set a post-2007 record for activity this year. B2B companies in the region are grabbing a larger share of deals, partly at the expense of the energy sector.