Private Debt Intelligence – 11/18/2024

THE LEAD|November 21, 2024

Content hub / Article / Private Debt Intelligence – 11/18/2024

Private equity deal value rises above five-year average

Chart

Download Data

[wpdm_package id=’72853′]

Read more in Preqin’s ‘Deal Flow Monitor: Q3 2024’

Private equity deal value in North America increased to $98.7bn in Q3 2023, exceeding the five-year average of $84bn, and accounting for 40.8% of all private capital deals in the region. The increase was driven by carve-outs across IT, healthcare, and telecoms, and public-to-private deals, such as TowerBrook’s acquisition of healthcare IT company R1 RCM and Vista Equity Partners and Blackstone’s purchase of software firm Smartsheet, which brought a combined value of $17.3bn. This is the first time that deal value in North America has risen for three quarters in a row since the boom period from Q4 2020 – Q2 2021.

Contact: William Bennett-Lynch
w illiam.bennett-lynch@preqin.com

Podcast

Business development companies and the rise of balance sheet financing vehicles

Fitch's Deb Murnin and Chelsea Richardson discuss the growing use of off-balance-sheet JVs and finance companies among BDCs, exploring the drivers, leverage impacts, portfolio risk profiles, and potential rating implications for Fitch-rated BDCs.

Listen

September 15-16, Hudson Yards, New York

Private Debt Investor New York Forum

Bringing together the investors, managers and advisers shaping the next phase of the market — 200+ allocators and $10.6 trillion of LP capital expected. Benchmark strategies, hear from leading LPs, and cut through market noise over two unmissable days.

Learn more

Report

US Private Credit League Tables H1'26

The definitive rankings covering private credit activity in H1'26.

Download

Report

PitchBook's Q2 2026 US PE Breakdown

Software freezes and energy powers on as US PE deal value falls 38% in Q2 2026.

Download

Webinar

Making sense of private credit defaults

What does private credit default data really tell us? Join our exclusive webinar featuring experts from KBRA, Moody's, Fitch Ratings, and S&P Global to find out.

Latest news

See all stories

Article | Bloomberg

Rate hike expectations ease as term SOFR curve flattens

August 20, 2026

The CME six-month Term SOFR rate reached a recent high of 3.979% on July 28 before retreating to 3.837% as…

Article | LSEG

3Q26: New loan assets rise to 44% of total lending, a 3-year high

August 19, 2026

New loan assets as a proportion of total US loan volume make up 44% of the 3Q26 pipeline to date,…

Article | Private Debt Investor

North American GPs dominant as fundraising accelerates