PE take-private deal activity Download PitchBook’s Report here. In Q3 2024, take-private deal activity plummeted from the two-year high recorded in Q2. Deal count declined from 31 to 18, and deal value plunged from $71.6 billion to $43.9 billion…. Subscribe to Read MoreAlready a member? Log in here...
Global PE deal activity Download PitchBook’s Report here. Global PE deal activity maintained a healthier tally in aggregate value even as counts dipped slightly from Q2 tallies, according to the most recent figures from PitchBook in its Global PE First Look…. Subscribe to Read MoreAlready a member? Log in here...
New family offices and wealth-management firms founded annually Download PitchBook’s Report here. Private market AUM held in drawdown funds is nearly $15 trillion globally, up from less than a trillion in 2000, handily outpacing the growth in public markets. However, outside of ultra-high-net-worth individuals (UHNWIs) and those with privileged networks, individual investors have been largely left…
PE middle-market buyout count as a share of all PE buyouts Download PitchBook’s Report here. We believe that tighter spreads and the reduction in base rates that still lie ahead bode well for a continued strengthening in the middle-market buyout market…. Subscribe to Read MoreAlready a member? Log in here...
PE exit/investment ratio Download PitchBook’s Report here. GPs that have held out for better exit conditions stretched out the median holding period of PE investments, which reached a record of 6.4 years for US PE middle-market assets in 2023…. Subscribe to Read MoreAlready a member? Log in here...
Healthcare IT PE deal count Download PitchBook’s Report here. In the lower middle market, we are beginning to see more examples of a phenomenon we have anticipated for a while: PE firms and PE-backed companies acquiring VC-backed startups…. Subscribe to Read MoreAlready a member? Log in here...
Platform LBO and growth equity as a share of all PE deals Download PitchBook’s Report here. In the second quarter of 2024, add-on transactions accounted for a significant 77.4% of all PE buyouts, marking an increase of 226 basis points over the 2023 average…. Subscribe to Read MoreAlready a member? Log in here...
Quarterly rolling one-year PE fund performance by size Download PitchBook’s Report here. Breaking down the data by fund sizes, middle-market buyout funds have outperformed megafunds for six consecutive quarters…. Subscribe to Read MoreAlready a member? Log in here...
Deals with nonbacked companies as targets as a share of all PE buyouts by quarter Download PitchBook’s Report here. Borrowing costs remain elevated and will likely stay that way for the remainder of 2024. As a result, PE firms continue to look further down market at companies with lower, more favorable purchase prices to compensate for…
Continuation-fund-related PE exit count Download PitchBook’s Report here. Looking ahead, the forces driving the recent acceleration in continuation funds remain in place. Traditional M&A and IPO exits recovered in H1 2024 but only modestly so. They remain well below historical averages relative to AUM and the 23,300 companies accumulated by PE funds in North America and…