Education, Aerospace, defense and government, Consumer products and retail, Energy, utilities and infrastructure, Financial services, Media and telecom, Distribution, Transportation and logistics, Real estate
Private equity transactions by the quarter they were announced, by kind. Counts, not dollars: an amount is on about 1% of deals.
Quarter
Platform and other deals
Add-ons
Exits
Total
Q1 2024
149
141
33
323
Q2 2024
143
159
22
324
Q3 2024
170
160
26
356
Q4 2024
184
137
27
348
Q1 2025
145
173
26
344
Q2 2025
175
168
26
369
Q3 2025
209
174
43
426
Q4 2025
207
177
40
424
Q1 2026
241
219
54
514
Q2 2026
256
227
53
536
Q3 2026
366
294
74
734
Q4 2026 (to date)
124
87
19
230
Private equity transactions by the quarter they were announced, by kind. Counts, not dollars: an amount is on about 1% of deals. Select a quarter to open its transactions.
TX, CA, FL lead; the top five states hold 38% of the placed deals.
Where the acquired or backed company is headquartered. Each state opens the transactions whose target is recorded there; that list places deals by its own state field, so its total can differ.
394 placed in a state; 282 with no state recorded. Last 180 days, by the date each deal was announced.
Opportunities emerging
The lists private equity teams work from
Live sizes, each read with the list's own filter. On the record: every row is a filed or announced fact. DFX inference: DFX estimates or ranks it, and the list says how.
Each page ranks the firms headquartered there by their deals in the last 36 months. Each listed place has at least 15 firms DFX classes as private equity headquartered there; DFX adds places in waves.
One membership opens this market and every other one. Platform is $199 a month, or $1,990 a year (2 months free), and starts with a 7 day free trial. A card is taken when the trial starts. Advantage adds standing mandates, watchlists and exports, as a founding pilot.
The methodology says what is measured, what is inferred, and what DFX does not claim.
What moved in private equity
How these are countedCounted by the date each source gives for the event, not the day DFX read it. Each column is one week, the last twelve, newest on the right; the green ones are the four weeks the number counts.Point at or tab to a column for its count; each opens its rows.