Top 10 Private Equity Investors in Technology, Media, and Telecom Industry in the World in 2021 by Deal Volume

KKR & Co Inc, The Carlyle Group Inc., TPG Capital LP, Providence Strategic Growth Capital Partners L.L.C., and Bain Capital LP are among the top 5 private equity investors in the technology, media, and telecom industry in 2021 by deal volume. In terms of the geographic split, 9 out of 10 of the world’s top 10 private equity investors in the technology, media, and telecom industry are headquartered in North America and whereas the remaining 1 is based in Europe. They employed a total of 7,909 people in 2021. The Carlyle Group Inc.- LiveU, Ltd., deal was one of the major deals in the technology, media, and telecom sector in 2021. GCA Altium Limited served as financial advisor to LiveU, Ltd., while White & Case LLP served as legal advisor to The Carlyle Group Inc., in The Carlyle Group Inc.-LiveU, Ltd. deal. The Carlyle Group, a US-based private equity firm, has acquired LiveU Ltd, an Israel-based company that produces technology for television broadcasters to enable live video links via wireless cellular networks, from Francisco Partners, an investment firm, for $400 million. The deal was completed in Q3 2021. The TPG Capital LP; PSP INVESTMENTS- Thycotic Software Ltd. deal was another major deal in the technology, media, and telecom sector in 2021. Citigroup Global Markets Holdings Inc, Evercore & BofA Securities served as financial advisors to Thycotic and Insight Partners., while Davis Polk & Wardwell served as legal advisor to TPG for the deal. TPG Capital LP, a private equity platform of an alternative asset firm, has acquired Thycotic Software Ltd, a company that designs and develops software products, from Insight Partners, a private equity firm, for $1.4 billion. The deal was completed in Q2 2021.