In what has otherwise been a lackluster year for PE firms taking public entities private, two multibillion deals were announced to start the week: a BC Partners-led group has agreed to acquire PetSmart (NASDAQ: PETM) for $8.7 billion, and Thoma Bravo and the Ontario Teachers' Pension Plan are set to buy Riverbed Technology (NASDAQ: RVBD) for $3.6 billion—read more on the deals below. Considering lofty public market valuations, perhaps it's no surprise the often-pricey transaction has fallen out of favor recently. According to the PitchBook Platform, take-private buyouts are set to decline by count for the third straight year.
Click to explore the investors on the PitchBook Platform
Since the start of 2010, over 250 PE firms have completed at least one public-to-private LBO, with about half of the buyers having closed a deal within the past two years. Around 110 of those investors manage assets between $1 billion and $10 billion.
Top investors in take-private buyouts since the start of 2010 and their deal counts: