As 2015 winds down, investment multiples remain heightened, even if dipping somewhat relative to previous highs, while investors are dialing back expectations of revenue growth in acquired companies. An elevated level of caution, however modest, seems to be pervading the investment landscape, according to our 4Q 2015 Global PE Deal Multiples & Trends Report.
The report, which is sponsored by PNC Business Credit and Paul Hastings, draws from the PitchBook Platform as well as our quarterly survey of industry professionals. Pairing the latest in deal terms data with our historical assessments of investor sentiment, it provides a timely snapshot of current dealmaking conditions. Just a few of the key statistics it covers: