GF Data reposted this
GF Data looks at the Tale of the Tape in the Middle-market as we head into the final months of 2024. Optimistic market sentiments for increased deal activity heading into the year have certainly been rewarded, however data points to fewer financially strong companies closing in 1H-24. Our contributors reported on over 180 completed transactions when taking into account back-dated submissions during our Q3 sweep, putting 2024 deal count on track to outpace 2023 by about 25%. But while volumes rebounded, average valuations on EBITDA multiple ranges declined year-to-date compared to FY23, with Above Average Financial Performers representing just 38% of the overall market - well below historical averages. ➼ 425 Private Equity firms have provided transactions closed between 2003-2024, with 322 active in the last two years. ➼ Our online database comprises of over 5,200 transactions valued at $10-500mm on 3-18x TTM adjusted EBITDA, with drilldowns by NAICS code up to 6-digits available. ➼ Our new platform allows users to breakdown data by cohorts included type of buyer/seller, mean/median/top and bottom quartile, as well as the inclusion of leverage and deal term data. If you are interested in contributing to GF Data or would like to know more, please contact me directly. Robert Dunn Ruben Armando Burke Ryan McCann Curtis Factor Association for Corporate Growth (ACG) #GFData #ACG #dealmaking #privateequity #PE #privatemarkets #debtfinancing #leveragedfinance #valuations #EBITDA #middlemarket #investmentbanking #mergersandacquisitions