Suppressed valuations and an uptick in private credit financing could fuel a wave of take-privates in 2024. But such deals face headwinds nonetheless.
By historical standards, 2023 was a strong year for private equity-led take-privates. Although activity didn’t reach the highs of 2021 and 2022—when global deal value totaled $259 billion and $301 billion, respectively—there was still $170 billion invested across 133 take-privates. READ MORE