The private equity buyout cycle continues to slow. Even if totals are revised upward as more data is gathered, currently, 3Q saw fewer than 700 completed transactions in the US. Moreover, even though PE deal value hit $171 billion in the same period—putting 2016 on pace to match 2015 and 2014—it's critical to note that no less than $60 billion is attributable to the Dell-EMC merger. Excluding that massive sum, deal value actually fell by 29% quarter over quarter.
PitchBook's 3Q 2016 US PE Breakdown provides a complete briefing on the current scene, with analysis of multiple datasets ranging from PE-backed exits to fundraising. Additional features in the report, which is sponsored by Merrill Corporation and co-sponsored by Murray Devine, include:
- Transaction multiples
- Deals by size & sector
- Q&As with industry professionals from Merrill Corporation and Murray Devine