F&D Reports / Creditntell Release 2018 U.S. Private Equity Review
GREAT NECK, N.Y. (PRWEB) June 28, 2018 -- Industry-leading retail consulting firm Information Clearinghouse, Inc. (ICI), through its F&D Reports and Creditntell divisions, has announced the release of its annual U.S. Private Equity Review White Paper, analyzing the state of the market, including notable deals from the past year, with a charted list of nearly 40 U.S. firms, their total assets, select holdings and deal activity. The U.S. Private Equity Review highlights the movement of more than 80 companies across a variety of sectors, including BJ’s Wholesale Club, Albertsons Companies, PetSmart, Five Below, Staples, Pep Boys, Toy “R” Us, Norwegian Cruise Line, Neiman Marcus and Southeastern Grocers.
Click here to request a copy of the report
2017 was a record-setting year for global private equity (PE) fundraising, with firms raising $637.30 billion, up 5% from 2016. U.S. firms raised $362.00 billion, the most since 2008, with the majority of growth going to buyout funds. It appears the trend will continue, as 50% of investment managers plan to increase their private equity allocations over the next three years. As the industry gets increasingly competitive with more money chasing fewer deals, it will drive up prices and multiples. Equity values continue their run-up, and buyouts are pricier, but the trend is also making exits more attractive. Another risk is the political landscape, including the Tax Cut and Jobs Act enacted last year, which benefits many companies by way of a lower tax rate but pressures highly leveraged ones.
Global PE had a solid start in the first quarter of 2018, and acquisition activity is up compared to last year, but the significant headwinds facing the retail segment have caused IPOs to become increasingly challenging to execute. The 50-plus retail bankruptcies in 2017 and the disruption caused by online sales growth could make potential investors reluctant, and many existing LBOs may struggle to refinance upcoming debt maturities, particularly in a rising interest rate environment. 2018 will bring both benefit and bust, as the retail industry reinvents itself.
Commenting on the U.S. Private Equity Review White Paper, ICI CEO Lawrence Sarf stated, “With another banner year of PE fundraising resulting in tremendous amounts of ‘dry powder’ on the sidelines, the coming months are expected to generate significant LBO activity. Our 2018 update summarizes the current retail holdings of key players and recaps recent events that often point to future moves.”
Please click here to request a copy of the U.S. Private Equity Review White Paper.
Information Clearinghouse, Inc. (publisher of F&D Reports & Creditntell) is a leading credit consulting firm specializing in the analysis of public and private companies in numerous retail segments. The focus of its analysis is to deliver the key intelligence today’s busy credit executive needs to make a highly informed decision without sifting through pages of non-essential data. To learn more, visit our websites at http://www.fdreports.com and http://www.creditntell.com.
Jim Fritts, F&D Reports, http://www.fdreports.com, +1 (800) 789-0123 Ext: 137, [email protected]
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