PE-backed Companies Outnumber Listed Firms in Europe at Record Rate
Private equity (PE)-backed companies now outnumber publicly listed firms in Europe by a record margin of 2.3x, according to PitchBook's midyear report for the EMEA region. The number of PE-backed companies reached 14,395 as of March 31, while public listings dropped to 6,240—the lowest since 2017—due in part to a near-closed IPO market and sustained delistings.
Topics: corporate ownership IPO activity private equity public markets