Our 2H 2014 Global PE Exits and Company Inventory Report was released yesterday, boasting plenty of information on the multiple vibrant exit routes currently available to PE firms. One highlight was the solid flow of $1 billion+ exits in the U.S., many of pre-crisis-era investments, which has set total capital exited on pace for another huge year. With two more $1 billion+ exits agreed to this week—KPS Capital Partners selling Waupaca Foundry and Madison Dearborn Partners selling Schrader—we wanted to take a closer look in the PitchBook Platform.
Click to explore the data on the PitchBook Platform
Of 2014's 37 U.S. exits of $1 billion+ so far, B2B companies have garnered 27% of the deal count and 24.5% of the exit capital (more than $20 billion combined) in what looks to be easily the sector’s best year for exits since the crisis. Here is how 2014's $1 billion+ exits break down by the top U.S. regions:
• West Coast: 29% deal count, 23% exit capital
• Great Lakes: 23% deal count, 17% exit capital
• South: 19% deal count, 23% exit capital
• Southeast: 13% deal count, 15% exit capital
For more information on the U.S. companies making these large exits, plus the firms and acquirers behind the deals, click here.