New Report: Private Equity Invested $309 Billion in 4,788 American Businesses in 2019

WASHINGTON, D.C. – Today, the American Investment Council (AIC) released its 2019 Q4 Industry Investment Report showing that private equity invested $309 billion(1) in 4,788 businesses across all regions of the country. The median investment in each private equity-backed business was $58.9 million. The top three sectors receiving the most private equity investment in 2019 were Business Products & Services ($93 billion), Information Technology ($64 billion), and Healthcare ($45 billion).

Private equity’s total investment of $309 billion was a crucial driver of growth and innovation in every major sector of the American economy in 2019,” said AIC President and CEO Drew Maloney. “By investing a median of $58.9 million into almost 5,000 businesses, private equity supported jobs not just in major cities, but in small communities stretching from Woburn, MA to Belen, NM and everywhere in between.”

The following graphic displays private equity’s median investment per sector as well as the number of business and top communities receiving investment in 2019

Top Deals

Brookfield Asset Management partnered with GIC to invest in the largest deal of 2019, acquiring U.S. freight railroad owner Genesee & Wyoming Inc for $8.4 billion.

AIC member Warburg Pincus partnered with Bank J. Safra Sarasin and Caisse de dépôt et placement du Québec, a Canadian public pension fund, to invest $7 billion in security and facility company Allied Universal in the second largest deal of 2019.

IFM Investors purchased energy operator Buckeye Partners for $6.5 billion in the third largest deal of 2019.

Read the full report here.