Number of PE-Backed ‘Weakest Links’ Drops Further
The number of portfolio companies backed by sponsors on Standard & Poor’s ‘Weakest Links’ list released last month fell to 14, down from twenty on the list published in March, according to Buyouts estimates. Simultaneously, there has been a slight up-tick in the number of portfolio companies defaulting or filing for bankruptcy protection year to date.
1 July 2013•5 mins read