Quick Facts
- There are approximately 276 private equity-backed companies headquartered in Connecticut.
- These companies collectively employ more than 79,900 workers at all their facilities, including those located outside Connecticut.
- Private equity firms have invested an estimated $53.5 billion in Connecticut-based companies from 2002 to 2011.
- There are approximately 148 private equity firms headquartered in Connecticut.
Examples of Private Equity-Backed Companies
Cengage Learning
- Headquarters: Stamford, CT
- Cengage Learning provides print and digital higher education learning materials, as well library reference materials through its Gale subsidiary. The company employs about 5,300 workers. Nearly 70 percent of the company’s workforce is located in the company’s domestic locations.
Space Electronics
- Headquarters: Berlin, CT
- Space Electronics is a provider of high-precision test and measurement instruments and services. The company’s products are sold primarily to the aerospace, defense, and military markets.
PEGCC Member Presence in Connecticut
- PEGCC members sponsor 89 companies that have approximately 341 facilities in Connecticut.
- These facilities employ more than 12,200 workers within Connecticut.
- 25 PEGCC members have a presence in Connecticut through their portfolio companies.
Source: Pitchbook and PEGCC
Connecticut