PDI Picks – 5/27/2024

Arguments for the middle way

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A new report examines themes in the mid-market and finds optimism growing as investors seek to diversify.

It has undeniably been a challenging few years for small and medium-sized businesses. But are the tides starting to turn? Recent data suggests earnings of mid-market firms are consistent with a consensus that the worst may be over: M&A looks finally set to rebound and lenders report a bullish start to the year. Here are three trends characterising the mid-market in 2024: