PE activity in the US middle market thwarted by competition
February 02, 2017
The heart of the US private equity scene is investment in the middle market.
And though the first half of 2016 saw steady deal flow, the back half reflected increasing competition from corporate acquirers, not to mention fellow PE firms. Accordingly, after back-to-back years of robust dealmaking, US PE middle-market activity finally subsided in 2016.