Private Equity Reaching Deep Into Texas

Private equity deal activity in Texas last year hit the highest dollar level in 10 years. The $50.6 billion for 2017 wasn’t just the highest since 2007, it was 42 percent higher than 2016.

That wasn’t a mark reached with the help of a single, spectacular deal or even by an increase in the number of deals (there were actually fewer). Rather, in a marketplace where capital is abundant, opportunities rife and competition keen, Texas is seeing a surge in private equity that is beginning to change the way law firms do business as well as the transactions themselves.