Flow of private equity deals in Florida slows

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The flow of private equity into Florida is slowing after a record number of deals in 2012, according to a recent report from Miami-based investment banking firm Cassel Salpeter & Co.

Just 75 private-equity deals closed in the first half of 2015, compared to a record 180 in 2012, 175 in 2013 and 199 in 2014.

The lower volume of private-equity deals doesn’t necessarily mean that the alternative lending source has dried up in Florida, said James Cassel, chairman and co-founder of Cassel Salpeter & Co.