Private equity investors are finding fertile opportunities in Tennessee. In 2011, 42 Tennessee-based companies received more than $3.2 billion in private equity investment , according to a report released today by the Private Equity Growth Capital Council, an industry lobbying group.
Compared to other states, Tennessee ranks 15th in total investment value. The top five states are Texas, $20.5 billion; New York, $18.6 billion; California, $15.7 billion; North Carolina, $10.4 billion; and Oklahoma, $8.7 billion.
Mixing politics and business is always fun as we’ve seen this week with the emerging fued between celebrity businessman Donald Trump and Tennessee Republican Sen. Lamar Alexader.
Alexander tossed the first jab, telling CNN that Trump has “absolutely no chance of winning” the presidency. But Trump won the bout with this smackdown: “Sen. Lamar Alexander, who I do not know and have heard very little about over the years, perhaps because of a certain ineffectiveness … “
Let’s hope there’s a rematch. It’s going to be a long presidential campaign and we will need comic relief.