With Q2 behind us, we have pulled Pitchbook data covering the last five years, encompassing 84,000 US-based transactions. Some trends were expected, others pleasantly surprising.

$330b of 4 year + old dry powder coupled with rate cuts to boost M&A demand starting in Q3 2024

$3 trillion of 5 year + old portfolio companies coupled $300 billion in loan maturities to drive sellers starting in Q3 2024