$101 Billion
Throughout 2006, we read of company after public company taking itself private, and always Fort Worth’s Texas Pacific Group was listed as a potential buyer. So we asked the private equity firm how much money it spent buying out companies in 2006. TPG wouldn’t respond. But according to the Financial Times, TPG did $101 billion in deals in 2006—the most ever for a buyout firm. That’s one-seventh of the total $700 billion global private equity market, itself a record last year. To put TPG in context, its spending spree was greater than all but 48 countries’ gross domestic product in 2005.
Get our weekly recap
Brings new meaning to the phrase Sunday Funday. No spam, ever.
Related Articles
Arts & Entertainment
DIFF Documentary City of Hate Reframes JFK’s Assassination Alongside Modern Dallas
Documentarian Quin Mathews revisited the topic in the wake of a number of tragedies that shared North Texas as their center.
By Austin Zook
Business
How Plug and Play in Frisco and McKinney Is Connecting DFW to a Global Innovation Circuit
The global innovation platform headquartered in Silicon Valley has launched accelerator programs in North Texas focused on sports tech, fintech and AI.
Arts & Entertainment
‘The Trouble is You Think You Have Time’: Paul Levatino on Bastards of Soul
A Q&A with the music-industry veteran and first-time feature director about his new documentary and the loss of a friend.
By Zac Crain