A blog from Private Equity Info (PEI) identifies those private equity (PE) firms that exited portfolio companies during the first two months of the year and the early part of March — i.e., before the novel coronavirus began to greatly impact the United States. It was on February 29 that a patient infected with COVID-19 in Washington state died, marking the first death due to the virus in the United States. Washington Gov. Jay Inslee declared a state of emergency that day, with many states following in the days after.
As the March 23 blog notes, seven PE firms had two exits during this time:
- Carlyle Group
- FSN Capital
- Graycliff Partners
- HIG Capital
- Summit Partners
- Victoria Capital Partners
- WindRose Health Investors
PEI also identified 80 PE firms with one exit to date.
Access the PEI blog by clicking here.