International: Private Equity International - Keynote Interview with Eric Schwartzman

Tech market ripe for more mega-deals, says Baker McKenzie's Eric Schwartzman
03 Nov 2025    1 minute read
Private Equity Technology Investing Carve-Outs Take-Privates M&A Consortiums Club Deals

In brief

Recent trends in private equity tech investing point to a surge in take-privates, carve-outs and consortium deals as PE firms seek undervalued assets in the sector with the power to transform and drive growth in businesses across every industry.

In a keynote interview with Private Equity International, Eric Schwartzman discusses the factors fueling increased large-scale PE investments in tech, why carve-outs are becoming an increasingly popular strategy for PE funds, and the ongoing trend of take-private transactions. Eric also shares his thoughts on the growing number of consortium deals as PE tech transactions increase in size and offers insights into where PE firms may discover the most compelling opportunities in the tech industry heading into 2026.

Contents

Key takeaways

  • With many larger listed technology companies trading at valuations that do not reflect their potential, private equity has an opportunity reinvigorate a company without the pressure of public ownership through a take-private or realize value in a non-core division of a company by carving it out from the parent to create a standalone business.
  • Private equity is uniquely equipped to address the complexities of carve-out and take-private transactions to capture the upside in the investment with know-how and patient capital.
  • Large deals often found in the tech sector are leading more private equity firms to spread the risk by partnering with other private equity firms, institutional investors and strategic buyers to make acquisitions.
  • All of these deal types require careful planning, detailed awareness of the risks and true partnership with trusted advisors to navigate their unique complexities.

Click here to read the full article.

Contact Information
Eric Schwartzman
Partner
San Francisco
Read my Bio
eric.schwartzman@bakermckenzie.com

Copyright © 2025 Baker & McKenzie. All rights reserved. Ownership: This documentation and content (Content) is a proprietary resource owned exclusively by Baker McKenzie (meaning Baker & McKenzie International and its member firms). The Content is protected under international copyright conventions. Use of this Content does not of itself create a contractual relationship, nor any attorney/client relationship, between Baker McKenzie and any person. Non-reliance and exclusion: All Content is for informational purposes only and may not reflect the most current legal and regulatory developments. All summaries of the laws, regulations and practice are subject to change. The Content is not offered as legal or professional advice for any specific matter. It is not intended to be a substitute for reference to (and compliance with) the detailed provisions of applicable laws, rules, regulations or forms. Legal advice should always be sought before taking any action or refraining from taking any action based on any Content. Baker McKenzie and the editors and the contributing authors do not guarantee the accuracy of the Content and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the Content. The Content may contain links to external websites and external websites may link to the Content. Baker McKenzie is not responsible for the content or operation of any such external sites and disclaims all liability, howsoever occurring, in respect of the content or operation of any such external websites. Attorney Advertising: This Content may qualify as “Attorney Advertising” requiring notice in some jurisdictions. To the extent that this Content may qualify as Attorney Advertising, PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME. Reproduction: Reproduction of reasonable portions of the Content is permitted provided that (i) such reproductions are made available free of charge and for non-commercial purposes, (ii) such reproductions are properly attributed to Baker McKenzie, (iii) the portion of the Content being reproduced is not altered or made available in a manner that modifies the Content or presents the Content being reproduced in a false light and (iv) notice is made to the disclaimers included on the Content. The permission to re-copy does not allow for incorporation of any substantial portion of the Content in any work or publication, whether in hard copy, electronic or any other form or for commercial purposes.