Quick-Fire Dealmakers Are Fueling a $129 Billion Buyout Boom
- Firms move quickly to strike deals amid fierce competition
- Record amount of dry powder, cheap credit boost spending power
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It took Ardian SAS just two days in February to buy German laboratories company GBA Group.
That’s fast work even in a year when some of the biggest auctions, including the multibillion-dollar sales of software firm Unit4 NV and laboratories group Cerba HealthCare, have been sealed in double-quick time, according to half a dozen buyout executives and advisers.