Below are the latest valuation multiples for middle market companies. Current market commentaries are provided below.
For the third quarter in a row, completed deal volume was about double the rate of activity in the same period in 2009. Private equity firms in the GF Data universe completed 100 deals in the last six months of 2010, compared to 46 in the second half of 2009.
Average pricing held steady at 6.1x trailing twelve months adjusted EBITDA, the level reached in the third quarter and the highest value since the first half of 2009, when “a flight to quality” pushed averages upward on lean volume.