Why PE Firms Targeting Tech Buyouts Could Face Competition From SPACs: Report

Flying money

Private equity has become a well-established path to liquidity for VC-backed startups, but a rebound in IPO activity and the rise of SPACs could mean more competition for deals, PitchBook reports.

PE buyouts have gone from representing 9.7 percent of global VC exits in 2010 to 16.4 percent in 2020, according to PitchBook data, making them the fastest-growing exit type compared with strategic acquisitions and IPOs. Read more

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