Middle Market M&A Update: Q4 2023

Private Equity Demand for Middle Market Companies Remain Strong
While M&A markets in the first three quarters of 2023 were slowed by a challenging economic backdrop of high interest rates, liquidity constraints in some regional banks, and inflationary cost pressures on businesses in the M&A pipeline, private equity demand for middle market companies under $1BN in Enterprise Value remains strong as evidenced several key indicators.

Cameron Hewes
Head, Mid-Market M&A, North America