US PE buyout volume hits record high in Q1 2021
There were 478 US private equity buyout deals in the first quarter of 2021—more than in any other quarter on Mergermarket record (since 2006). This was an 11% rise on the previous quarter, the previous record high. The largest transaction of the quarter was the US$9.2 billion acquisition of Extended Stay America, an operator of a chain of apartment hotels, by Blackstone Real Estate Partners and St