What is the Impact of Private Equity
on Small Businesses?
85%
of private equity-backed companies are small businesses
12M
Americans directly employed by private equity
$80K
in wages and benefits earned by average private equity worker
Private Equity’s Contributions to The Overall U.S. Economy
Private equity supports jobs, businesses, and local budgets across America.
Fuels Economic Growth
Private equity investments generated $1.7 trillion of gross domestic product (GDP), an increase from $1.4 trillion in 2020. These investments amounted to approximately 6.5 percent of total U.S. GDP.
Tax Contributions
Private equity investments generated tax revenues that supported the federal, state, and local governments. In 2022, private equity paid $304 billion of federal, state, and local taxes.
Multiplier Effect
Private equity workers earned $700 billion in wages and benefits and generated another $1.1 trillion in GDP in 2022. This activity supported an additional $207 billion in federal, state and local taxes.