Private Equity firms have invested a whopping $4 billion in Apr-Jun quarter

Private Equity firms have invested around $ 4 billion through 128 deals during the quarter that ended this June. The figure is up by 80% year-on-year, a Venture Intelligence report says.

The investment was 80% more than $2.24 billion in the April-June quarter last year. There were 115 transactions in total reportedly.

The latest figures take the total PE investments in 2015 to $6.87 billion through 288 transactions, 53% more than the $4,480 million across 252 transactions in the first six months of 2014.

The figures exclude private equity investments in real estate. According to the report there were several big deals in the second quarter of the year. There were 11 PE investments worth $100 million or more and 7 transactions were over $200 million during the second quarter of this year.

The largest investment during the April-June quarter was Baring Asia's $440 million buyout of Blackstone-backed ATM cash management services firm CMS Infosystems, followed by Olacabs' $400 million fund raise from a group of existing and new investors (including GIC, DST Global, FalconBSE 1.27 % Edge Capital and Accel USA).

Other major deals include, Advent International led $315 million buyout of a 34.4% stake in Crompton Greaves Consumer Electricals from its promoter Avantha Group.

Sector-wise, IT and ITES companies grabbed 44% of the investment by value terms (attracting $1.77 billion across 84 deals), followed by healthcare and lifesciences ($737 million across 10 transactions) and Energy ($309 million across 7 deals), the report said.

(Image credit: Indiatimes)