Private equity-backed companies grow faster than their peers…

PE-BACKED COMPANIES EXPAND REVENUE FASTER THAN PEERS, writes the Wall Street Journal, citing data from the National Center for the Middle Market. “For the second quarter through June 12, private equity-backed businesses reported a mean revenue growth of 8.8 percent over the trailing 12 months, compared with 5.7 percent for companies not backed by PE.” Measured quarterly, PE-backed companies have posted faster revenue expansion than other companies for the past 30 months, with the exception of the fourth quarter of 2013 when data indicates that all companies had trailing annual revenue growth of about 5 percent. Mid-market companies have annual revenue of $10 million to $1 billion. Data is not available for periods before 2013. Click here to read more.