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The debt effect, a report by Grant Thorntonp

16 Mar 2010

2009 was a difficult year: America persevered in what many commentators consider the largest financial crisis in history. The US banking system collapse led to the banking industry all but shutting its doors. This severely hampered every aspect of economic growth. Private equity firms and their portfolio companies were no exception. With very little leverage available to complete deals, private equity deal-making came close to a standstill last year.

 

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