Credit Crunch Hits Private Equity-Owned Cos.: Study

Law360, New York (April 2, 2008, 12:00 AM EDT) -- The credit crunch has taken a toll on the value of private equity-owned companies, according to a study released Wednesday by the Center for Management Buy-Out Research.

The report, which surveyed buyouts in the United Kingdom over the past year, found that there were 400 buyout deals in 2007, compared to 355 in 2006. However, the total value of the 2007 deals was £23.8 billion ($47.3 billion), compared to £26.9 billion ($53.5 billion) the year before.

“2007 saw 25 deals exit for more than £250 million...
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