HALO versus software as a share of PE deal value ($B) Download PitchBook’s Report here. The hottest debate in public markets right now is not whether AI will disrupt software but how much, how fast, and who is left standing…. Subscribe to Read MoreAlready a member? Log in here...
PE-backed company inventory by deal year Download PitchBook’s Report here. As of Q4 2025, the US PE inventory has grown to over 13,143 companies. At the pace of exits seen in 2025, this translates to over an 8.1-year inventory, which is a faster cycling of PE assets than when calculated with the annualized H1 2025 exit…
PE exit activity with exits of $1 billion or more Download PitchBook’s Report here. Exit count remains 9.7% below pre-pandemic averages, as exits have been centered around large transactions rather than numerous transactions…. Subscribe to Read MoreAlready a member? Log in here...
Continuation-fund-related exit count Download PitchBook’s Report here. Exits through continuation funds have become a more common exit solution in recent years as sponsors seek to provide LPs with liquidity during a weak exit environment while also allowing more time to generate additional value within their portfolio companies…. Subscribe to Read MoreAlready a member? Log in here...
PE exit activity Download PitchBook’s Report here. US PE exit activity is now clearly out of the woods, securing not only a second consecutive year of growth in 2025 but also a rebound that ranks second only to the record levels seen in 2021…. Subscribe to Read MoreAlready a member? Log in here...
Multiples on BSL-funded LBOs Download PitchBook’s Report here. Debt capacity limitations have meant sponsors are pressured to deploy more equity capital to fund their portfolio investments…. Subscribe to Read MoreAlready a member? Log in here...
Median enterprise value (EV)/revenue multiples on PE deals of $2.5 billion or more Download PitchBook’s Report here. PE buyout valuations were a mixed bag in 2025, with EBITDA and revenue multiples undergoing different trends YoY, but ultimately rebounded from recent lows seen in 2023 to reach the high levels seen in 2021…. Subscribe to Read MoreAlready
Healthcare PE deal activity Download PitchBook’s Report here. Healthcare devices & supplies was the primary driver of value growth, posting an annual increase of more than 270% YoY, supported by Hologic’s $18.3 billion leveraged buyout announced in Q4…. Subscribe to Read MoreAlready a member? Log in here...
Technology PE deal activity Download PitchBook’s Report here. Technology PE deal activity experienced an outsized year, with deal value higher by 67.4% YoY even though deal count rose by a relatively more modest 13.4%…. Subscribe to Read MoreAlready a member? Log in here...
Platform LBO and growth equity deals as share of all PE deals Download PitchBook’s Report here. Growth equity continues to represent a substantial share of PE deals. The strategy made up 21.2% of all PE deals in 2025, rivaling buyout activity, which accounted for 21.3% of the year’s deal count…. Subscribe to Read MoreAlready a member?