Investor confidence runs high: The latest in PE multiples
March 30, 2017
Each quarter, we survey PE investors to get an inside look at deal terms, multiples and investor sentiment. In our latest Global PE Deal Multiples Report, we extend our scope to encompass deals completed in the first two months of 2017 to make the datasets timelier and more useful than ever.
Armed with additional PitchBook data, our analysts delve into how PE dealmakers feel about a variety of topics, including their reasons for recently canceling or renegotiating transactions.
Some of the key findings:
Nearly seven out of 10 survey respondents believe that current prices are still in line with achieving typical PE returns
Median EV/EBITDA multiple jumped to 7.5x
Debt usage in PE deals remains historically low
Monitoring fees have become more infrequent—just 17% of transactions included them in 2016