In Q3 2025, private equity activity surged, achieving a record US$310b in deal value as firms capitalized on narrowing valuation gaps and renewed market confidence. With 156 deals announced, including six exceeding US$10b, the sector is pivoting towards larger transactions. Improved financing conditions and creative deal structures are facilitating this momentum. Looking ahead, 61% of firms anticipate increased exit activity, signalling a robust outlook as the market embraces a "risk on" approach, balancing optimism with discipline. All data contained in this document is sourced from Dealogic, PitchBook, and EY analysis unless otherwise noted.
The Dealogic data in this report are under license by ION. ION retains and reserves all rights in such data.