PE is consolidating, but why now?
View PitchBook’s 2Q 2017 US PE Breakdown Report Here
It wasn’t by much, but the US private equity field shrank last year for the first time in over a decade. By year-end, 4,248 PE firms still had their lights on, a 1.3% decline from year-end 2015. Industry observers have been predicting consolidation since at least 2009,