TheDeal.com offers its annual private equity Deals of the Year. This year's list has a different flavor to it. Until recently, of course, the industry was booming on easy credit. But even in this environment, there are some notable deals going down. Alltel's $27.5 billion LBO "defied all odds by closing amid the banks' disarray, and subsequently letting its sponsors execute a flip to Verizon Wireless within months." In the largest LBO, Nordic Capital and Avista Capital Partners agreed to buy Bristol-Myers Squibb Co.'s ConvaTec unit for $4.1 billion; Bristol-Myers emphasized deal certainty in running its auction. Some deals on the list are notable for their uncertain prospects: TPG's deal with Washington Mutual may "prove to be a blunder." The value of the TPG's investment has certainly fared poorly.  

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