Private equity firms invested $53 billion to take public companies private in the first half of 2016, the highest transaction amount since the second quarter of 2007, according to a PitchBook Data analysis released Thursday.
There were $249 billion in public-to-private deals in the second quarter of 2007.
The transaction amount was up 71% from $31 billion in the first half of 2015 and up 51% from $35 billion in the second half of last year.
Three of the top public-to-private deals in the first half of this year — Keurig Green Mountain, ADT Security Services and Veritas Technologies — accounted for about $36 billion of the total.