PitchBook
Public versus private
The private equity industry has matured quite a bit over the years. The most visible marker is the handful of…
Read MoreWhy are add-ons getting so much bigger?
Download PitchBook’s Report here. The median add-on size almost doubled in the span of two years. The $41 million median seen…
Read MoreA closer look at foreign investment
There’s a tradeoff between welcoming foreign investment and protecting national security. That’s becoming a more common tradeoff to consider in…
Read MoreMM exits off to a slow start
Download PitchBook’s Report here. It’s early still, but middle market exits are off to a historically slow start in 2019. Just…
Read MoreCore MM had a big 2018
Download PitchBook’s Report here. The US middle market went gangbusters last year, setting records in both volume and dollars. Two of…
Read MoreBuyout multiples: Steady as they go
Coming soon Download PitchBook’s Report here. Despite nine interest rate hikes since December 2015, buyout multiples have remained remarkably steady. The…
Read MoreSBOs are growing in size
Download PitchBook’s Report here. Private equity has three major exit ramps—strategic sales, secondary buyouts and IPOs. They tend to trend independently…
Read MorePrivate equity heads west
New York is the epicenter of private equity, as it has been since its beginning. Wall Street was already around…
Read MoreTake-privates are cheap sometimes
That’s according to Bain & Company, which made a salient point: “Despite the run-up in equity prices, public investors often…
Read MoreReturns healthy, still under pressure
Download PitchBook’s Report here. TVPI multiples—more simply known as investment multiples—remain healthy. Gains from post-vintage buckets (2010-2016) were all boosted by…
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