Signs of Recovery in Private Equity Markets

In 2024, the private equity market experienced a significant recovery, evidenced by a 37% increase in deal value compared to the previous year, totaling $600 billion. This resurgence marks the fifth largest year in buyout history, with over 3,000 deals completed. Notably, half of the largest transactions, exceeding $5 billion in enterprise value, were public-to-private deals, suggesting that some public companies were viewed as undervalued despite a rising market. Overall, the stability of macroeconomic conditions, characterized by decreasing inflation and interest rates, contributed to this recovery, fostering greater confidence among dealmakers.