New York Sees Second-Highest Annual Exit Value at Nearly $37 Billion
Despite a significant drop in volume, 2020 still saw the second-highest annual exit value for New York on record, thanks to a slew of multibillion-dollar sales and debuts.
In the inaugural installment of Bridge Bank's Markets to Watch series, the key top-level trends that defined PE dealmaking in New York last year - as well as the past decade - are examined in depth, including the massive exit tally. Additionally, the report contains analysis of the NY PE fundraising boom of the 2010s as the industry grew even further.
Bridge Bank
Bridge Bank, a division of Western Alliance Bank, Member FDIC, delivers relationship banking that puts clients at the center of everything. Founded in 2001 in Silicon Valley, Bridge Bank offers a full spectrum of tailored commercial banking solutions with specialized expertise focused on life sciences and technology and innovation companies at every stage in their life cycle, from startup to IPO and beyond. With offices in major tech hubs across the country, Bridge Bank delivers the reach, resources and market expertise that make a difference for its clients. Bridge Bank also serves the private equity and venture capital communities by providing banking solutions for portfolio companies and funds, plus banking solutions for small to mid-size businesses in the Bay Area. Bridge Bank is part of Western Alliance Bancorporation, which has more than $80 billion in assets. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director.
