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TAMPA— The Sunshine State was fifth in the nation for private equity investments in 2012, with $17.3 billion given to 115 Florida-based companies.
Florida moved up from sixth place a year earlier when it received $7.6 billion, according to the Private Equity Growth Capital Council.
This year, the state trailed Texas, California, Colorado and Illinois. Texas, No. 1 on the list, received $46.6 billion.
Of the top 20 congressional districts for private investment, only one in Florida made the list — that was the 14th Congressional District, which includes Tampa, St. Petersburg and Manatee County. Seventeen companies in that district received $3 billion.
The report, called “Private Equity: Top States and Districts,” reported that private equity and growth capital invested $347 billion in the U.S., up from $144 billion a year earlier.
“Private equity fortifies and expands businesses, develops new products and innovations and creates jobs for America,” says Steve Judge, president/CEO of the council.
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