Buyout Boom Gains Steam in Record Year for Private Equity

Wall Street Journal2021-11-29

Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come. Private-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year,...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

Holla
2021-11-29
Holla
Like pls
whywhywhywhy
2021-11-29
whywhywhywhy
[呆住]
- whywhywhywhy:
  [丢脸]
- whywhywhywhy:
  [呆住]
- whywhywhywhy:
  [胜利]
- whywhywhywhy:
  [回头]
- whywhywhywhy:
  [汗颜]
hawtness
2021-11-29
hawtness
like
- hawtness:
  .
Samuel123win
2021-11-29
Samuel123win
Good
小白添祥
2021-11-29
小白添祥
like & comment please

发表看法

137

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1160593477?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-11-29 08:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1160593477","market":"us","top_or_hot":-1,"title":"Buyout Boom Gains Steam in Record Year for Private Equity","media":"Wall Street Journal","content":"<div>\n<p>Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivate-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year,...</p>\n\n<a href=\"https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2\">网页链接</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buyout Boom Gains Steam in Record Year for Private Equity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuyout Boom Gains Steam in Record Year for Private Equity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-29 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivate-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year,...</p>\n\n<a href=\"https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KKR","symbol_name":"KKR & Co L.P.","start_time":0,"source_url":"https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?siteid=yhoof2","article_id":"1160593477","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1160593477","pubTimestamp":1638145914,"sourceInfo":null,"weMediaInfo":null,"summary":"Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivat","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"KKR":"KKR & Co L.P."},"translate_title":"私募股权收购热潮创历史新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KKR":0.9},"content_text":"Big leveraged buyouts are back, and this year’s crop might just be a taste of things to come.\nPrivate-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than double that of the previous peak in 2007, according to Dealogic. So far this year, there have been five $10 billion-plus deals in the U.S., equaling the total in all of 2007, though still below the high-water mark of nine in 2006.\nDriving the urge to go big are the billions of dollars flowing into private-equity coffers as institutions such as pension funds seek higher returns in an era of low interest rates. Buyout firms have raised $314.8 billion in capital to invest in North America so far in 2021, pushing available cash earmarked for the region to a record $755.6 billion, according to data from Preqin.\nThe fundraising shows no signs of abating, indicating the private-equity shopping spree will continue. Thoma Bravo LP, KKR & Co., Carlyle Group Inc. and Permira Advisers are among those raising big new funds, each with targets ranging from $15 billion and $22 billion, Preqin data show.\nAs the end of the year approaches, big buyouts are coming fast and furious. A week ago , private-equity firms Bain Capital and Hellman & Friedman LLC agreed to buy healthcare-technology company Athenahealth Inc.for $17 billion including debt.A week earlier, KKR and Global Infrastructure Partners LLC said they would buy data-center operator CyrusOne Inc. for nearly $12 billion. And the week before that, Advent International Corp. and Permira signed an $11.8 billion deal for cybersecurity-software firm McAfee Corp.\nThe recent string of big LBOs followed the $30 billion-plus deal for medical-supply company Medline Industries Inc. that H&F,BlackstoneInc.and Carlyle struck in June in the largest buyout since the 2007-08 financial crisis.\nMany of the pre-financial crisis deals—some of which, like TXU Corp., were bigger than the current crop—struggled, leading to a decade of cautious behavior by buyout firms.\nPrivate-equity executives say the current generation of big deals won’t suffer the same fate as TXU (renamed Energy Future Holdings Corp.), whichfiled for chapter 11 bankruptcy protection in 2014, and others of that era.\n“There is a huge difference in the level of stability of these businesses, the level of interest rates and the depth of the industry’s resources,” said John Connaughton, co-managing partner at Bain.\nThe big deals Bain and its rivals are doing are in healthcare and technology, two fast-growing areas of the economy with room for consolidation, where scale doesn’t have to mean sacrificing returns, he said.\nPrivate equity isn’t the only corner of the deals market that is surging, as lofty stock prices and low interest rates encourage transacting. The IPO market is alsorunning at a record pace, and merger volume in the U.S. istwice last year’s level, according to Dealogic.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":600661239,"gmtCreate":1638148046084,"gmtModify":1638148046393,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3565687171198207","authorIdStr":"3565687171198207"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600661239","repostId":1160593477,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":600687688,"gmtCreate":1638147675518,"gmtModify":1638147973870,"author":{"id":"3580704334567935","authorId":"3580704334567935","name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3580704334567935","authorIdStr":"3580704334567935"},"htmlText":"[呆住]&nbsp;","listText":"[呆住]&nbsp;","text":"[呆住]","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":15,"repostSize":0,"link":"https://laohu8.com/post/600687688","repostId":1160593477,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6763472,"gmtCreate":1638147923656,"gmtModify":1638152337775,"authorId":3580704334567935,"author":{"id":3580704334567935,"idStr":"3580704334567935","authorId":3580704334567935,"name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600687688,"type":1,"supId":0,"prevId":0,"content":"[丢脸]","text":"[丢脸]","html":"[丢脸]"},{"id":6763491,"gmtCreate":1638147973819,"gmtModify":1638147973845,"authorId":3580704334567935,"author":{"id":3580704334567935,"idStr":"3580704334567935","authorId":3580704334567935,"name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600687688,"type":1,"supId":0,"prevId":0,"content":"[呆住]","text":"[呆住]","html":"[呆住]"},{"id":6763464,"gmtCreate":1638147908784,"gmtModify":1638147908876,"authorId":3580704334567935,"author":{"id":3580704334567935,"idStr":"3580704334567935","authorId":3580704334567935,"name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600687688,"type":1,"supId":0,"prevId":0,"content":"[胜利]","text":"[胜利]","html":"[胜利]"},{"id":6763460,"gmtCreate":1638147896660,"gmtModify":1638147896685,"authorId":3580704334567935,"author":{"id":3580704334567935,"idStr":"3580704334567935","authorId":3580704334567935,"name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600687688,"type":1,"supId":0,"prevId":0,"content":"[回头]","text":"[回头]","html":"[回头]"},{"id":6763453,"gmtCreate":1638147880994,"gmtModify":1638147881020,"authorId":3580704334567935,"author":{"id":3580704334567935,"idStr":"3580704334567935","authorId":3580704334567935,"name":"whywhywhywhy","avatar":"https://static.tigerbbs.com/28195847b88a5c5115f0ab53d2eb35e7","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600687688,"type":1,"supId":0,"prevId":0,"content":"[汗颜]","text":"[汗颜]","html":"[汗颜]"}],"langContent":"CN"},{"id":600682705,"gmtCreate":1638147524744,"gmtModify":1638147524859,"author":{"id":"3579342315387211","authorId":"3579342315387211","name":"hawtness","avatar":"https://static.tigerbbs.com/2d97d615f24939cff0ea1fc1abff9f10","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579342315387211","authorIdStr":"3579342315387211"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600682705","repostId":1160593477,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6763315,"gmtCreate":1638147531455,"gmtModify":1638147531481,"authorId":3579342315387211,"author":{"id":3579342315387211,"idStr":"3579342315387211","authorId":3579342315387211,"name":"hawtness","avatar":"https://static.tigerbbs.com/2d97d615f24939cff0ea1fc1abff9f10","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":600682705,"type":1,"supId":0,"prevId":0,"content":".","text":".","html":"."}],"langContent":"CN"},{"id":600686980,"gmtCreate":1638147328877,"gmtModify":1638147328947,"author":{"id":"4092554906611330","authorId":"4092554906611330","name":"Samuel123win","avatar":"https://static.tigerbbs.com/fb615bd9d23d3ee707625d59ccb06f5e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4092554906611330","authorIdStr":"4092554906611330"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600686980","repostId":1160593477,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":600615453,"gmtCreate":1638146650251,"gmtModify":1638146650731,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment please&nbsp;","listText":"like &amp; comment please&nbsp;","text":"like & comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600615453","repostId":1160593477,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":137,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1160593477"}