Ohio 11th among states in private equity in ’12

7/2/2013
BLADE NEWS SERVICES

Ohio ranked 11th nationwide for private equity investment in 2012, according to data released by the Private Equity Growth Capital Council, an association of private equity investors. Private equity invested $10.4 billion in 66 Ohio-based companies in 2012, the council said.

The top state last year was Texas with $46.6 billion in private equity investment, followed by California with $35 billion. Ohio edged out Michigan, with $9.6 billion, and Indiana, with $8.5 billion, among the top 20 states, according to the council.