Deal terms remain attractive to private equity buyers – report

New analysis from SS&C Intralinks, using data from PitchBook has found that with private equity M&A deal activity still well below that of 2021, buyers continue to benefit from favourable deal terms. SS&C stated that “As more PE firms have expanded their investing scope into smaller niches of middle-market company ecosystems across the globe, the median add-on size has been counterbalanced by competition for the best targets.” In its report, it noted that low pricing is not necessarily cause for concern within the PE deal market, and identified liquidity pressures as a contributing factor in growing use of solutions such as continuation funds and secondary sales.