Record year for private equity in the tech sector and 2019 is on course to beat it
In 2018, private equity activity in the technology sector reached its highest annual total value on record. There were 1,270 deals worth US$217.4 billion recorded, a 13% increase in volume and a 69% annual rise in value. So far in 2019, the first quarter has logged 245 deals worth US$45.1 billion, meaning value has risen 28% compared to the same period last year.