PE-backed M&A announcements hit $1 trillion for the first time. Meanwhile deals and SPACs keep popping.
November 22, 2021 at 05:33 PM
14 minute read
Fresh off a week where global M&A hit $5 trillion for the first time, another novel milestone has been reached.
Private equity-backed deals crossed the $1 trillion mark for the first time ever this week, besting the whole of 2020 by 81% and now 53% more than the all-time annual record of $663 billion set in 2007, according to financial data company Refinitiv.
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