Private Debt Intelligence – 2/6/2023
|February 8, 2023
Industrials lead private debt deals in North America
A month into 2023, industrials are the dominant sector among private debt deals in North America with 10 deals out of 36 deals in total (28%), a three-deal lead over consumer discretionary. Activity in the sector is consistent with previous years, as industrials deal numbers generally occupy between 15-20% of overall PD deals in North America each year. The increased weighting in industrials is likely due to decreased M&A and private equity activity in the next two largest sectors, consumer discretionary and information technology, which are particularly exposed to the economic slowdown.
(Past performance is no guarantee of future results.)
Contact: Megan Harris
megan.harris@preqin.com

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