AMERICAN INVESTMENT COUNCIL
2018-Q4 Private Equity Industry Investment Report Table of Contents
Page
Executive Summary 3 Business Products & Services 5 Consumer Products & Services 6 Information Technology 7 Financial Services 8 Healthcare 9 Materials & Resources 10 Energy 11
PAGE 2 Executive Summary
In 2018 private equity funds invested approximately $331 billion. Companies in the Business Products and Services (B2B), Consumer Products and Services (B2C) and Information Technology sectors received over $200 billion in investment last year. Fund managers invested $80 billion in B2C companies, while B2B companies received approximately $60 billion in investment. Companies in the information technology sector received $65 billion in investment in 2018. And $50 billion was invested in companies in the Healthcare sector. Investment in the remaining sectors went as follows, Energy companies received $35 billion in investment while businesses in the Financial Services, and Materials and Resources sectors secured investments of $28 billion and $12 billion, respectively. One of the largest investments of the fourth quarter was the buyout of the Refinitiv, a financial markets data provider, which was purchased for approximately $11 billion dollars.
PAGE 3 2018 and 2017 Industry Investment
2018 2017
$331 Billion $305 Billion
Note: Figures in this report are rounded
PAGE 4 Business Products & Services (B2B) Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Sedgwick Claims Management 12/31/2018 $6.70 The Carlyle Group Services Canda Pension Plan Investment Board, Encino Utica Shale Play Joint Venture 10/30/2018 $2.00 Energy Web.com Goup 10/11/2018 $1.45 Siris Capital
PAGE 5
Source: PitchBook Consumer Products & Services (B2C) Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Arby’s Restaurant Group, Equicorp Partners, Sonic 12/07/2018 $1.63 Roark Capital Group Pure Fishing 12/28/2018 $1.30 Sycamore Partners Management
American Tire Distributors 12/21/2018 $1.10 Undisclosed Investors
PAGE 6
Source: PitchBook Information Technology Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Canada Pension Plan Investment Board, Refinitiv 10/01/2018 $11.00 GIC Private, The Blackstone Group BMC Software 10/02/2018 $8.30 Kohlberg Kravis Roberts
Rocket Software 10/08/2018 $2.00 Bain Capital
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Source: PitchBook Financial Services Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor GSO Capital Partners, Harvest Partners, Acrisure 12/10/2018 $2.00 Partners Group, The Blackstone Group Cetera Financial Group 10/01/2018 $1.75 Genstar Capital
Cambridge Associates 11/12/2018 $0.46 Sofina
PAGE 8
Source: PitchBook Healthcare Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Envision Healthcare 10/11/2018 $9.90 Kohlberg Kravis Roberts Athenahealth 11/30/2018 $5.70 Evergreen Coast Capital, Veritas Capital Apollo Global Management, ATP Private LifePoint Health 11/16/2018 $5.60 Equity Partners, RCCH HealthCare Partners
PAGE 9
Source: PitchBook Materials & Resources Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Charlesbank Capital Partners, Hearthside Food Greencore USA 11/26/2018 $1.08 Solutions, Partners Group Kampachi Farms 11/19/2018 $0.005 Mirova Blue Harvest Fisheries 11/13/2018 $0.004 Undisclosed Investors
PAGE 10
Source: PitchBook Energy Deals
Top Deals 2018-Q4 Company Date Investment Value (Bil) Financial Sponsor Southwestern Energy (Fayetteville Flywheel Energy, Kayne Anderson Capital 12/03/2018 $1.87 Shale Business) Advisors BridgeTex Pipeline Company 10/01/2018 $1.44 OMERS Infrastructure Management
Arclight Capital Partners, Barclays Bank, Limetree Bay Terminals 11/30/2018 $1.25 Blackrock, EIG Global Energy Partners
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Source: PitchBook 799 9th Street NW, Suite 200 Washington, DC 20001
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