PE-backed exits saw record value in 2021

PE-backed exits saw record value in 2021

Insatiable investor demand has driven US PE-backed exit value to nearly 20-year highs, but it is unlikely this trend will hold up in 2022. PE-backed IPOs broke annual records for both total count and value in just the first three quarters of 2021, a phenomenon driven...
Warburg Pincus exits Navitas in $3.3bn infrastructure deal

Warburg Pincus exits Navitas in $3.3bn infrastructure deal

Pipeline operator Enterprise Products Partners said on Monday it would buy Warburg Pincus-owned Navitas Midstream for $3.25bn in cash, entering the active Midland basin to tap into increased demand for natural gas infrastructure. Woodlands, Texas-based Navitas owns a...