What percent of the M&A Insight transactions are private deals?
A. Over 40 percent of the companies sold in the M&A Insight database were privately held prior to the sale. All of these privately held sellers in the M&A Insight database were acquired by publicly owned companies, which are required to report such sales to the S.E.C. There are no private-to-private transactions in the M&A Insight database, since such data is not required to be made public.