• 

  Add-ons

  Surge in add-ons and club deals signal investor caution in Europe

  April 8, 2026

  The ratio of add-ons to buyouts has reached a decade high.

  Article

  Learn more »
• 

  Add-ons

  Value of PE add-ons rises in Europe as traditional buyout activity stays muted

  December 2, 2025

  GPs are leaning into buy-and-build strategies to grow their portfolios in Europe, spending €207 billion on add-on deals this year.

  Article

  Learn more »
• 

  Europe

  France’s PE markets slow as dealmakers retreat from turmoil

  May 30, 2025

  PE activity in France tumbled to its lowest level in over a year in Q1 2025, as economic headwinds, political uncertainty, and dwindling exit opportunities pushed investors toward safer bets.

  Article

  Learn more »
• 

  Buyouts

  Healthcare court win for PE bolsters roll-up strategies

  May 14, 2024

  A Texas lawsuit’s dismissal could thaw a portion of the frozen deal environment.

  Article

  Learn more »
• 

  Healthcare

  PE braces healthcare services deals as add-ons fall

  February 13, 2024

  Despite a strong year in deal count that surpassed pre-pandemic levels, PE investors in healthcare services face challenges ahead.

  Article

  Learn more »
• 

  Europe

  4 charts: Pockets of growth in European PE

  January 23, 2024

  European PE saw growth in certain areas of deals, exits and fundraising last year.

  Article

  Learn more »
• 

  Private Equity

  PE buyers eye cash-constrained startups for add-ons

  January 14, 2024

  PE-backed portfolio companies are acting on the opportunity to capitalize on the slumping valuations of venture-backed companies and pursue add-ons at cheaper prices than they could find two years ago.

  Article

  Learn more »
• 

  Healthcare

  Healthcare PE investors proceed with caution in 2024

  January 10, 2024

  Healthcare-related PE deal value fell over 60% in 2023. And PitchBook analysts expect more declines in the new year.

  Article

  Learn more »
• 

  Private Equity

  Carveouts, add-ons key as PE firms strategize for 2024

  December 18, 2023

  Dealmakers expect PEs to focus on portfolio management next year, using strategies like add-ons and carveouts to bolster their portfolio companies.

  Article

  Learn more »
• 

  Add-ons

  Expansion of antitrust scope threatens PE roll-ups

  October 23, 2023

  Add-on deals have escalated significantly as a share of PE activity. Antitrust regulators are concerned that roll-ups could stifle competition.

  Article

  Learn more »
• 

  Lending

  PE turns to equity to fund add-ons amid tough debt market

  July 24, 2023

  Private equity firms have modified their buyout playbook to adapt to a tightening credit environment.

  Article

  Learn more »
• 

  Growth Deals

  Thoma Bravo makes healthcare play with Bluesight investment

  July 16, 2023

  Thoma Bravo’s investment in healthcare analytics company Bluesight is another example of PE firms forgoing LBOs in favor of add-on and growth transactions in 2023.

  Article

  Learn more »
• 

  M&A

  PE turns to add-ons with large LBOs out of reach

  May 15, 2023

  Private equity finds some relief in add-ons acquisitions as the affordable debt supply dwindles, making large leveraged buyouts difficult to finance.

  Article

  Learn more »
• 

  Private Equity

  PE sellers use earnouts, seller’s notes to close deals

  April 12, 2023

  Buyers have more power to demand favorable terms now. Sellers agree to provisions deferring or financing part of the purchase price to close deals.

  Article

  Learn more »
• 

  Healthcare

  Worker shortage plagues PE healthcare deals

  February 22, 2023

  The worker shortage across the US healthcare system is restricting private equity dealmaking in the sector as some businesses struggle to grow and higher payrolls cut into margins.

  Article

  Learn more »
• 

  US PE Breakdown

  PE trends for Q3 explained in five charts

  October 13, 2022

  Take a closer look at five key trends from our Q3 2022 US PE Breakdown, which explores how PE firms are navigating a challenging market.

  Article

  Learn more »
• 

  Add-ons

  Add-ons dominate European buyout market with B2B leading the charge

  August 24, 2022

  PE add-ons are benefiting from companies looking to consolidate their market position.

  Article

  Learn more »
• 

  Private Equity

  Middle-market PE firms prepare for a shift

  August 11, 2022

  As the private equity world begins winding down from a torrid year of dealmaking, some middle-market sponsors have switched into “risk-off” mode.

  Article

  Learn more »