Leveraged Loan Insight & Analysis – 12/04/2023

2023 US LBO purchase price multiples are the lowest since 2018

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US LBO purchase price multiples have decreased two steps this year, to 11.2x on average, the lowest mark since 2018. At the same time, the average LBO purchase price has increased to US$4.86bn this year, the highest since the credit crunch year of 2007.