North American Private Equity in Review

Dated: February 2008

In 2007, the private equity buyout market met its first significant challenge in some time as the subprime credit crisis in the US percolated over the second half of the year. For the time being anyway, it appears the days of easy money, relaxed covenants and high leverage ratios are going to be a distant memory. However, despite these new market conditions, private equity registered another record year.

Bowne is pleased to present the sixth edition of the North American Private Equity in Review. This comprehensive report highlights the latest trends within the North American private equity market, covers activity across various industry sectors and provides an analysis of buyout and exit trends over the course of 2007. This report will provide useful insights for dealmakers and their advisors.

Key trends include:

A dramatic drop-off in activity during the year - although a record $493bn in capital was invested by buyout firms, a 16% increase over 2006, $383bn was invested in the first two quarters.

The Business Services sector attracted the most buyout capital invested in it over the course of 2007, accounting for 17% of the overall LBO deal value in 2007.

2007 demonstrated a steady exit market, slightly down from 2006 (560 in 2007, down from 574)

Download a complimentary electronic copy.

Also available is the latest edition of the European Private Equity in Review

See additional securities resources available for download from Bowne.