Middle Market M&A Market Survey of Private Equity Partners

This report presents the findings of a survey conducted by Caber Hill Advisors among partners at private equity firms focusing on middle and lower-middle market investments for the years 2024-25. The objective of the survey was to gauge the current sentiment, interest, and outlook regarding the mergers and acquisitions (M&A) market. The results indicate a favorable environment for business owners considering an exit, with expectations of increased deal volume and higher valuation multiples in 2025. The report outlines the optimistic outlook of private equity partners, who noted a modest increase in deal volume in 2024 compared to the previous year, despite some concerns regarding valuation multiples. It also identifies key criteria for successful investments and suggests actions for both buyers and sellers to navigate the competitive market. The data was collected from October 29 to November 8, 2024, aiming to provide insights into the evolving M&A landscape.