In this edition of Founders’ Private Capital Markets Update, our team looks at the key factors impacting the current state of the M&A market. The global M&A market has remained resilient despite underlying macroeconomic concerns, with overall value down 13.7% YoY, coming off a record 2021. Our update touches on multiple factors impacting the market,…
In Q3 of 2022, macroeconomic uncertainties continued to constrain capital markets and deal activity. See our analysis of current trends and our expectations for Q4 below: North America M&A Deal Volume Macroeconomic headwinds in the first and second quarters of 2022 have caused M&A activity to decline following heightened activity in the back half of…
Our September Private Capital Markets report summarizes the current state of the market, including a market overview, pricing and leverage trends, equity and debt contribution by year, as well as valuation trends. We also touch on topics, including: Current macroeconomic uncertainties Whether or not the United States is heading into or has already entered a…
Market Overview Despite record levels of deployment of new cash in deals through Q3 2021, the Private Capital Markets remain in a state of excess liquidity. Credit funds, such as BDC’s, continue to be an important source of financing for middle market companies and PEGs. Through Q3 2021, leveraged loan volume was ~$935 billion with…
This report summarizes the current state of Private Capital Markets. It covers the market overview, pricing and leverage trends, equity and debt contribution by year, and valuation trends. Despite record levels of deployment of new cash in deals through Q3 2021, the private capital markets remain in a state of excess liquidity. Despite record levels…