Deals of the Year
We name the winners for the best exits of 2023, in six categories.
Our overall Deal of the Year is Warburg Pincus’ exit of Summit Health (formerly CityMD) at a walloping $8.9 billion. The winner for the International category, BlackRock LTPC’s sale of luxury fragrance Creed, scales a lot of history, as Creed was founded in 1760 and had Queen Victoria as a customer. Other prize winners: Kaiser Permanente in Secondaries; Ares Management for Turnaround; the Mid-Market winner is Vestar Capital Partners; and Vesey Street Capital Partners wins the Small Market sector.
Our criteria for picking winners include performance metrics as well as employee retention and expansion, portfolio company growth and organic growth of companies. We also look at investment rationale, as well as methods of growth
