Tracking private market data is a tricky business, but it can be done well.
In our eight years of business, we’ve strived to create a reliable and comprehensive information source of private market financial data. In 2007, we began tracking this data, focusing on private equity before building out our LP and fund performance numbers in 2010, and then expanding into venture capital in 2012.
Along the way, we’ve learned a thing or two about best research practices (our secret sauce). By combining the best of human judgment with today’s technology, we’re on our way to becoming the industry standard for professionals who rely on data to help them build the great companies of tomorrow.
After years of honing our research methods and building the PitchBook Platform, we’re excited to present our newest dataset for the mergers and acquisitions space.
You’ll notice in our inaugural 2015 Annual M&A Report that our numbers might be different than what you’ve seen from others – that’s not an accident.
In establishing our M&A research process, we had a few head-scratching moments. We thought it was strange that textbooks define M&A differently than many of our competitors – whose M&A datasets include minority stakes, share repurchases, debt deals, self-tenders, open market transactions and even some 10% equity exchanges.
With an industry that’s easily swayed by perception, this “bigger is better” mentality can negatively impact the market as well as the decisions our clients need to make every day.
There’s a difference between what happens in the corporate universe and what happens in the M&A landscape; we’re honing in on the latter. Above all else, we believe that M&A data needs to be accurate and reliable. Our research process represents the outcome of that belief.
No matter if you’re a current PitchBook client, or a future one – we’re thankful for the opportunity to play a part in building the great companies of tomorrow by providing you with the world’s meaningful business information and resources to understand it.
John Gabbert, Founder & CEO of PitchBook