Another frenetic quarter for the middle market
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PitchBook’s latest US Middle Market Report was released today. The frenetic pace of dealmaking continued into the second quarter, reaching an estimated $142.8 billion. That would mark the second highest quarterly total on record, behind Q4 2020’s $156.8 billion. Sandwiched between those two was a $121.7 billion performance in Q1 2021, now the third highest on record. Taken together, the past three quarters have combined for $421.3 billion worth of transactions, more than any one year in the middle market’s history.
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