PE investors have just about matched last year's deal count on the U.S. West Coast, including Alaska and Hawaii, and if pace holds, this could be the region's most active year since 2007. The B2B sector has been one to watch out West; in 2011, there were roughly 100 completed PE deals involving B2B companies (about 29% of activity), while in 2014 to date those figures have risen to about 150 deals and a 38% share.
A state of interest—and not just due to PitchBook's HQ—has been Washington, which is garnering 18% of the region's completed PE deals after having never surpassed 13% over the past decade. Overall, about 1,150 PE firms have invested in the U.S. West Coast since the start of 2005, with over 300 having completed a deal in the last 12 months.
Top investors since 2005 and their deal counts (incl. add-ons):