Report: State saw PE exit value reach record $18.6B in 2025

The Greater Nashville Private Capital Association on Thursday released a report noting private equity exit value reached a record $18.6 billion in Tennessee in 2025, with the mark fueled notably by large health care transactions.

A release notes the inaugural 2025 Impact Report: Tennessee Private Markets Breakdown, undertaken in partnership with PitchBook and the Tennessee Department of Economic and Community Development, provides the first comprehensive assessment of benchmarks related to venture capital (VC), private equity (PE), growth equity and private credit activity.