https://pitchbook.com/tag/add-ons add-ons en-US Wed, 08 Apr 2026 16:48:10 GMT https://pitchbook.com/news/articles/surge-in-add-ons-and-club-deals-signal-investor-caution-in-europe The ratio of add-ons to buyouts has reached a decade high. Wed, 08 Apr 2026 16:48:10 GMT https://pitchbook.com/news/articles/surge-in-add-ons-and-club-deals-signal-investor-caution-in-europe https://pitchbook.com/news/articles/value-of-pe-add-ons-rises-in-europe-as-traditional-buyout-activity-stays-muted GPs are leaning into buy-and-build strategies to grow their portfolios in Europe, spending €207 billion on add-on deals this year. Tue, 02 Dec 2025 16:20:56 GMT https://pitchbook.com/news/articles/value-of-pe-add-ons-rises-in-europe-as-traditional-buyout-activity-stays-muted https://pitchbook.com/news/articles/frances-pe-markets-slows-as-dealmakers-retreat-from-turmoil 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. Fri, 30 May 2025 21:28:21 GMT https://pitchbook.com/news/articles/frances-pe-markets-slows-as-dealmakers-retreat-from-turmoil https://pitchbook.com/news/articles/healthcare-court-win-for-pe-bolsters-roll-up-strategies A Texas lawsuit's dismissal could thaw a portion of the frozen deal environment. Tue, 14 May 2024 23:28:05 GMT https://pitchbook.com/news/articles/healthcare-court-win-for-pe-bolsters-roll-up-strategies https://pitchbook.com/news/articles/pe-braces-healthcare-services-deals-as-add-ons-fall Despite a strong year in deal count that surpassed pre-pandemic levels, PE investors in healthcare services face challenges ahead. Tue, 13 Feb 2024 22:33:25 GMT https://pitchbook.com/news/articles/pe-braces-healthcare-services-deals-as-add-ons-fall https://pitchbook.com/news/articles/europe-private-equity-growth-2023 European PE saw growth in certain areas of deals, exits and fundraising last year. Tue, 23 Jan 2024 18:47:51 GMT https://pitchbook.com/news/articles/europe-private-equity-growth-2023 https://pitchbook.com/news/articles/private-equity-snap-up-distressed-startups PE-backed portfolio companies are acting on the liquidity shortage in the startup world. These buyers see an opportunity to capitalize on the slumping valuations of venture-backed companies and pursu Mon, 15 Jan 2024 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-snap-up-distressed-startups https://pitchbook.com/news/articles/healthcare-private-equity-deal-activity-2024 Healthcare-related PE deal value fell over 60% in 2023. And PitchBook analysts expect more declines in the new year. Thu, 11 Jan 2024 00:00:00 GMT https://pitchbook.com/news/articles/healthcare-private-equity-deal-activity-2024 https://pitchbook.com/news/articles/private-equity-dealmaking-add-on-divestiture-outlook-2024 Dealmakers expect PEs to focus on portfolio management next year, using strategies like add-ons and carveouts to bolster their portfolio companies. Tue, 19 Dec 2023 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-dealmaking-add-on-divestiture-outlook-2024 https://pitchbook.com/news/articles/ftc-justice-department-antitrust-add-ons-private-equity-threat Add-on deals have escalated significantly as a share of PE activity. US antitrust regulators are concerned that roll-ups could stifle competition. Tue, 24 Oct 2023 00:00:00 GMT https://pitchbook.com/news/articles/ftc-justice-department-antitrust-add-ons-private-equity-threat https://pitchbook.com/news/articles/pe-add-ons-debt-equity-financing-mfn PE firms have modified their buyout playbook to adapt to a tightening credit environment. Tue, 25 Jul 2023 00:00:00 GMT https://pitchbook.com/news/articles/pe-add-ons-debt-equity-financing-mfn https://pitchbook.com/news/articles/thoma-bravo-healthcare-acquisition-bluesight-medacist 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. Mon, 17 Jul 2023 00:00:00 GMT https://pitchbook.com/news/articles/thoma-bravo-healthcare-acquisition-bluesight-medacist https://pitchbook.com/news/articles/private-equity-add-ons-acquisitions-recession Private equity finds some relief in add-ons acquisitions as the affordable debt supply dwindles, making large leveraged buyouts difficult to finance. Tue, 16 May 2023 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-add-ons-acquisitions-recession https://pitchbook.com/news/articles/seller-financing-earnouts-seller-notes-pe-deals Buyers have more power to demand favorable terms now. Sellers agree to provisions deferring or financing part of the purchase price to close deals. Thu, 13 Apr 2023 00:00:00 GMT https://pitchbook.com/news/articles/seller-financing-earnouts-seller-notes-pe-deals https://pitchbook.com/news/articles/private-equity-healthcare-labor-staffing-shortage Staffing shortages are stunting growth opportunities among high-demand healthcare services typically targeted by PE firms. Thu, 23 Feb 2023 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-healthcare-labor-staffing-shortage https://pitchbook.com/news/articles/private-equity-q3-fundraising-exits-investments-take-private Take a closer look at five key trends from our Q3 2022 US PE Breakdown, which explores how private equity firms are navigating a challenging market. Fri, 14 Oct 2022 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-q3-fundraising-exits-investments-take-private https://pitchbook.com/news/articles/europe-private-equity-add-ons-dominate-buyouts PE add-ons are benefiting from companies looking to consolidate their market position. Thu, 25 Aug 2022 00:00:00 GMT https://pitchbook.com/news/articles/europe-private-equity-add-ons-dominate-buyouts https://pitchbook.com/news/articles/middle-market-pe-acquisitions-add-ons As the private equity world begins winding down from a torrid year of dealmaking, some sponsors in the middle market have switched into "risk-off" mode. Fri, 12 Aug 2022 00:00:00 GMT https://pitchbook.com/news/articles/middle-market-pe-acquisitions-add-ons