Most Active Private Equity Firms in the Buyout Space in 2013 YTD – November 2013

by Catriona McCarron

  • 29 Nov 2013
  • PE

Preqin’s Buyout Deals Analyst online service has logged 2,522 private equity-backed buyout deals that have taken place in 2013 YTD, with Kohlberg Kravis Roberts (KKR) participating in the highest number of transactions of any private equity firm in the year so far, with 49 deals on record. Furthermore, KKR has been the most active private equity firm globally in 2013 YTD in terms of aggregate transaction size (including multi-investor deals), with $14.7bn invested so far this year.

As of November 2013, KKR’s aggregate value of invested capital saw a notable surge from the $6.9bn that was invested by the private equity firm last year. It should be noted that this figure includes club deals whereby KKR was just one of multiple investors. This great increase of $7.8bn from 2012 to 2013 YTD can be attributed to a rise in the number of large-cap private equity-backed buyout deals (those valued over $1bn) that KKR have been involved in so far this year. The firm has participated in six large-cap transactions, doubling the number of such transactions undertaken last year. KKR’s private equity-backed buyout deal with the highest aggregate value in 2013 YTD, was the $3.9bn privatisation of Gardner Denver.

Following KKR as the most active private equity firm by number of private equity-backed buyout deals in 2013 YTD is TPG, which has participated in 36 transactions with an aggregate deal value of $4.5bn in the same time period. The Carlyle Group participated in 31 private equity-backed buyout deals in 2013 YTD with $3.3bn capital invested, a similar number to Apax Partners, which  completed 29 transactions valued at a total $3.0bn. The Blackstone Group comes in as the fifth most active private equity firm by number of transactions in 2013 YTD, with participation in 26 deals and a recorded $2.8bn capital invested.

The most active private equity firms by number of private equity-backed buyout deals in 2013 YTD are similar to those figures witnessed in 2012, with KKR, Carlyle Group and Blackstone featuring in the top five most active firms by number in both 2012 and 2013 YTD. However, the top firms by aggregate transaction size have seen much variation since last year. This is due to the influence of mega-size deals (those over $10bn) this year, such as 3G Capital’s investment in the $28bn privatization of H.J. Heinz Company. This deal in particular resulted in the New York-based firm to rank as the most active private equity firm by aggregate transaction size in 2013, though it did not participate in any private equity-backed buyout transactions in 2012. 

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