Demystifying the “Second Bite of the Apple” and its Prevalence in Private Equity
Chesapeake Corporate Advisors
NOVEMBER 19, 2024
Private equity groups (PEGs) are active buyers in M&A transactions , accounting for $1.3 trillion in deals in 2023. US PEGs still have approximately $1.1 trillion in dry powder, which is a massive amount of cash to deploy and invest in businesses. Most PEGs prefer the seller to reinvest a minority stake in the new deal.
Let's personalize your content