Despite an increasingly competitive global dealmaking environment, PE investors have continued to find attractive opportunities in Florida and could in fact set a decade record this year for deals in the state. According to the PitchBook Platform, firms have closed 130 transactions in Florida so far in 2015, a pace that would just eclipse last year's peak of 173. Interestingly, investors haven't just been relying on consolidation to put their capital to work; add-ons have actually become less popular recently—dropping from 40% of deals in 2013 to about 34% this year. A sector that looks to be on the rise is IT, which claimed just 7% of activity last year but is up over 13% thus far in 2015.
Top PE investors in Florida since the start of 2010 and their deal counts (incl. add-ons):
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