February 11, 2016
With Monday's news that Apollo Global Management, The Vistria Group and Najafi Companies have agreed to acquire Apollo Education Group (NASDAQ: APOL; no prior affiliation to the firm Apollo) for $1.1 billion, it seemed appropriate to examine PE investor activity in public-to-private buyouts.
The year 2015 was the busiest for take-private deals in the U.S. and Europe since 2012, recording the most capital invested since 2008, according to the PitchBook Platform. PE buyers invested $70.9 billion on 54 such transactions last year, a significant uptick from the $21 billion invested through 41 deals in 2014. This year has already seen some notable take-private LBOs close, as well, with Silver Lake and Thoma Bravo recently completing the $4.5 billion acquisition of SolarWinds, and Pamplona Capital Management purchasing MedAssets for $2.75 billion in January.
Here are the top PE investors in public-to-private buyouts since 2008 (U.S. and Europe), along with their deal counts:
T-1. Blackstone, The Carlyle Group, Thoma Bravo (16)
4. TPG Capital (15)
5. AlpInvest Partners (13)
PitchBook Platform users can access the full rankings of public-to-private investors by clicking here. To gain access to a trove of PE data by geography, sector and more, contact us today.