News & Analysis
driven by the PitchBook PlatformM&A
Canadian pension fund BCI to acquire infrastructure investor at ~$1.3B valuation
BBGI’s lower risk portfolio could be deemed safe haven in turbulent times
Despite growing interest from potential suitors, TikTok deal remains in question
Several parties have made bids to acquire the U.S. business of the Chinese short-video app.
Blackstone hits dealmaking streak and AUM overtakes $1.1 trillion
The firm’s notable AUM growth and significant capital deployments highlight a year of robust performance and market optimism.
GP consolidation, insurance deals drive rise in financial services M&A
The financial services sector saw its best M&A year since 2021, with significant activity in insurance and asset manager acquisitions fueling deal growth.
AI arms race drives nearly 50% bump in IT deal value
In 2024, IT deal value reached $740.7 billion, up 46.3% year-over-year, and comprised 20.6% of all global M&A value.
PitchBook buyout replication portfolio
This dashboard replicates a PE buyout portfolio with listed equities, sector adjustments and additional leverage.
US investor appetite drove up European PE dealmaking
AI & machine learning taking center stage as a vertical
The Benchmark
2016 Vintage Global PE Funds
Median IRR
18.29
Top Quartile IRR
23.74%
0.98x
Median DPI
Select top performers
Francisco Agility Fund
Renovus Capital Partners II
Gemspring Capital Fund I
Check out the latest PitchBook Benchmarks
Data & Tools
PitchBook Private Capital Return Barometers
The Private Equity Barometer incorporates information from 14 macroeconomic, credit, and equity indicators to estimate standardized quarterly PE returns. Click to see the full data.
Lending league tables: Q3 2024
Which lenders took part in the most deals for US PE-backed companies? Click to see the interactive rankings.
PitchBook Indexes
PE-backed IPO indexes are outpacing their deSPAC and unicorn counterparts in 2024. Click to see the full interactive index.
More M&A news
VC funds-of-funds look on the bright side
Funds-of-funds saw weaker fundraising in 2024, but don’t count them out.
Can a new owner save TikTok from its US ban?
Several suitors including Perplexity AI and Elon Musk are still in the running to buy the Chinese app’s US assets after its ban was delayed over the weekend.
Europe inked fewer, but bigger, M&A deals in 2024
European M&A saw a 3% decline in deal count but a 17% rise in deal sizes in 2024, driven by lower interest rates and the return of large transactions.
The big 3: How Asia’s biggest markets will shape dealmaking in 2025
Japan, China and India will continue to dominate the region’s major private market investment themes in the year ahead
Apollo adds $6B in infrastructure assets with Argo purchase
The deal strengthens Apollo’s infrastructure footprint, adding 20 professionals and expanding its portfolio across North America.
JP Morgan Healthcare Conference kicks off 2025 with deal buzz
Healthcare companies are drumming up buzz for their latest deals, including Johnson & Johnson’s $14.6 billion acquisition of Intra-Cellular Therapies.
M&A 2024: Rebounding from rates and regulations
With private equity deals regaining momentum and new FTC leadership on the horizon, the M&A market could continue to recover in 2025.
Nordstrom goes private for $6.25B as B2C M&A recovers
The Nordstrom family and Mexican retailer El Puerto de Liverpool team up as business-to-consumer M&A activity rebounds, despite sector challenges.
A look back at take-privates in 2024
PE firms were opportunistic in Q2, going on a buying spree for undervalued public companies, but take privates will likely end the year even with 2023.