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Private equity firms backed tech deals with record $402bn in funding
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Private equity firms had a blockbuster year for deal making, largely driven by technology investments.
As of mid-December, private-equity firms had announced backing US technology deals totalling $401.71bn, including new purchases, asset sales and add-on deals, according to data provider Dealogic. That accounted for 41% of a record $990.25bn in overall private-equity deals through mid-December, Dealogic said.
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