The resurgence of LBOs has been accompanied by a clear acceleration in private debt: issuance for buyout transactions grew by 30% in 2024 across the US and Europe, signalling increased risk appetite in a more supportive financing environment. So, what is an LBO? A Leveraged Buyout (LBO) is the acquisition of a company using predominantly debt. Rather than relying solely on equity, the investor finances a significant portion of the purchase through borrowings. Over time, the a

There's about 40% fewer public companies than there were two decades ago because companies are staying private for twice as long as they did in the past Why? In our Harbor analysis we identified 3 main reasons. Deal Making M&A activity reached its highest level of the past three years this year. More transactions mean more entry and exit opportunities for private capital investors, driving returns and market dynamism. Abundance of Private Capital The exponential growth of pri