Bain uses cookies to improve functionality and performance of this site. More information can be found in our Privacy Policy. By continuing to browse this site, you consent to the use of cookies.

Snap Chart

The New Going-Private Boom

Large public-to-private deals fueled private equity’s big year in 2018.

  • April 04, 2019

Snap Chart

The New Going-Private Boom

At a time when high prices and stiff competition make it difficult to find deals, private equity funds are scouring the public markets for prospects. Strong public-to-private activity in the US pushed the value of these deals globally to its highest level since the previous take-private boom in 2006–07. The reason: Despite the run-up in equity prices, public investors often undervalue companies they don’t understand. As Josh Harris, the cofounder of Apollo Global Management, puts it, “That is creating a very fertile hunting ground for private equity.”

Bain partner Hugh MacArthur is a director in the firm’s Boston office and head of Bain’s Global Private Equity practice.

Related Report

Public Vs. Private Assets: The Big Switch

The pendulum has swung in favor of private—will it swing back?


Want to continue the conversation?

We help global leaders with their organization's most critical issues and opportunities. Together, we create enduring change and results.