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Private equity buys flat in Phila area

Private equity investment in the Philadelphia area totalled $268 million in the third quarter, down 2 percent from last year's level, according to the latest PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report.

Private equity investment in eastern Pennsylvania, South Jersey and Delaware totalled around $268 million in the third quarter, down from $273 million a year ago, according to the latest PricewaterhouseCoopers - National Venture Capital Assocation "MoneyTree" report. Here's a recap of the biggest deals on their list.