The Pulse of Private Equity – 12/18/2023

Middle-market activity: A 6-year low

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Middle market buyouts are down to a six-year low, according to PitchBook’s Q3 US PE Middle Market Report.  The third quarter dipped to an estimated $87.7 billion, a 13% decline from Q2 2023 and a 48% decline from the peak in Q4 2021.