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CAGR through 2027. Some deals have involved PEG-backed strategics, where privateequity firms support strategic buyers in acquisitions, which are referred to below as Hybrid. Froneri’s origins date back to PAI’s acquisition of a large private label ice cream manufacturer, R&R.
Deal momentum in the AI space was one of the main talking points for cross-border dealmaking in 2023, with some estimates projecting the overall market size will reach $407 billion by 2027.
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