Private Equity Capital Tops $1 Trillion for High Price Deals
At the end of 2013, private equity firms were sitting on a cache of at least $1 trillion, according to a report from Bain & Company. This marks a $159 billion increase from the closeout at the end of 2012. The expected result of this capital bubble isn’t just more deals, but at much higher valuations, as well. As Fortune magazine put it, “…the capital tail will wag the deal dog.” For more information on that unique M&A scenario, read Dan Primack’s article at Fortune/CNNMoney. Â