PRIVATE EQUITY INSIGHTS DASHBOARD

Mid-Market U.S. Private Equity Data for April
2024
$549.6B
1.1% MoM
US-based PE’s Dry Powder as of
30-
April
In April
198
6% MoM
Total closed mid-market deals
$5.2B*
67% MoM
Total closed mid-market deal volume
~2.6 months
Average time to close deals
32
Total PE funds closed
PE MID-MARKET DEAL TRACKER
Deal Count
Deal Volume

No Data Found

No Data Found

Deal Counts by Sizes - April

No Data Found

46*
CAPITAL INVESTED BY INDUSTRY - April

No Data Found

$5.2B*
Notable deals in April
Growth/$425.0M
Growth/$400.0M
Buyout/$375.0M
Buyout/$371.0M
*Denotes data for deals with disclosed values
TOP 10 PE FUNDS (BY SIZE) CLOSED IN April
Fund Name
Fund Size
Close Date
Vista Equity Partners Fund VIII
$20.0B
18-Apr-24
Arctos Sports Partners Fund II
$4.1B
03-Apr-24
Mercur Private Investment Partners VII
$3.9B
26-Apr-24
Sterling Group Partners VI
$3.5B
22-Apr-24
SK Capital Partners VI
$2.97B
10-Apr-24
Decarbonization Partners Fund I
$1.4B
25-Apr-24
Brightstar Capital Partners Fund III
$1.26B
11-Apr-24
Vestar Capital Partners Continuation Fund
$1.2B
23-Apr-24
OceanSoundSMX Rollover
$1.15B
03-Apr-24
Lone View Capital Fund I
$850.0M
11-Apr-24
RECENT FIRST-TIME PE FUND MANAGERS WITH TARGET FUND SIZES
Fund Name
Fund Size
Open Date
Allied Climate Partners Catalytic Core Fund
-
20-Dec-23
Bicycle I
$500.0M
14-Jun-23
OneIM Fund I
-
18-Jan-23
Trident American Dreams Fund I
$250.0M
01-Sep-22
L2 Point Opportunities I
$300.0M
09-May-22

The total disclosed deal volume increased by ~67%in April MoM, whereas the deal count decreased by 6%.

The healthcare industry continued to be the top recipient (~25%) of capital in April, but witnessed a drop as compared to March (~40%).

Source: PitchBook Data, Inc. and other publicly available data. Data has not been reviewed by PitchBook analysts.

April

2024 Commentary

It’s clear that deal count dipped to its nadir since July 2023 but deal volume saw an uptick.

Notably, the transition from March to April reveals a surge in deals over $100M. Despite a fall in total deal numbers, there’s a marked increase in deals with disclosed values, potentially signaling a resurgence of $100M+ transactions.

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Source: PitchBook Data, Inc. and other publicly available data. Data has not been reviewed by PitchBook analysts.