PitchBook

The Pulse of Private Equity – 9/29/2025

PE exit/investment ratio Download PitchBook’s Report here. Sponsor-to-sponsor exit activity dipped on an absolute basis in Q2, along with the moderate decrease in total quarterly exits, but maintained its majority share of middle-market exit activity…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 9/22/2025

M&A EV/revenue multiple for deals between $25 million and $1 billion Download PitchBook’s Report here. Middle-market valuation multiples are pointing to an increasingly liquid M&A market with valuation expectations broadly aligned with the 2017-2019 range, setting aside the distortions of the pandemic era…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 9/15/2025

Private debt nowcast vs. reported returns Download PitchBook’s Report here. The Private Debt Barometer currently holds a stable, slightly positive score of 53, with a nowcast of 2.6% and a desmoothed nowcast of 2.9% for Q2 2025…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 9/8/2025

Rolling one-year PE fund returns Download PitchBook’s Report here. A review of desmoothed returns and the desmoothed nowcast over a rolling one-year horizon shows that PE fund returns significantly exceeded fundamental expectations implied by macroeconomic conditions throughout 2021 and 2022…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 8/4/2025

Global buyout EV/EBITDA multiples Download PitchBook’s Report here. The EV/EBITDA multiple for PE buyouts stood at 11.7x for the TTM period ended June 30, 2025. This is comfortably above the recent trough of 10.3x in 2023, yet below the 12.3x registered in 2024…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 7/28/2025

Platform LBO and growth equity deals as a share of all PE deals Download PitchBook’s Report here. PE growth investment activity continues to be an important category, making up 22.3% of all PE deals in Q2, down 30 basis points from the prior quarter…. Subscribe to Read MoreAlready a member? Log in here...