S&P Global Market Intelligence Speaks with Baker McKenzie's Eric Schwartzman on the Increase in Large Leveraged Buyouts and What it Means for the Market

Eric Schwartzman, head of Baker McKenzie’s Private Equity Practice in California, shared his insights in a recent S&P Global Market Intelligence article, where he described why large leveraged buyouts have been on the rise within the private equity sector and what that means for the market.

Over the course of the past few years, the private equity industry has seen a significant buildup of dry powder as well as a large influx of private capital. These piles of cash, combined with pent up demand for exits after years of limited deal activity, have created an environment ripe for megadeals, especially in the form of take-privates and carve-outs. Eric added that, to contend with the outsized prices of today’s transactions, consortium deals have been growing in prominence. Looking to the end of the year, he says that the rise in large deals will push YOY deal value up, even though deal count may be flat.

Read the full article here. https://www.spglobal.com/market-intelligence/en/news-insights/articles/2025/9/large-deals-set-to-drive-private-equity-leveraged-buyout-value-past-2024-levels-92401568