Goldman Sachs is preparing for a challenging period ahead as the era of easy profits in private equity comes to an end. The value of global deals stands at roughly $1.4 trillion at the halfway stage of 2024, up 14% from the same period in 2023. However, this figure still lags the 10-year average for a first half by more than $300 billion. In Europe, private equity mega-deals are in decline, accounting for only 21.6% of total deal value in 2024 year-to-date, down from historical averages, as higher borrowing costs and a weak economic outlook continue to bite. Despite sluggish growth in global mergers and acquisitions (M&A) activity in the second quarter, many dealmakers remain optimistic, forecasting an increase in transactions in the second half of 2024. Private equity firms clinched more than $30 billion of deals globally this week, raising hopes for a recovery in M&A following a slow first half of the year.
Is the era of the mega private equity deal over? The lack of exit options for investments has forced some executives to reconsider more swashbuckling strategies via @AntoineGara @FT #PrivateEquity https://t.co/oXdMN9r2vV
Is the era of the mega private equity deal over? https://t.co/fmzEYHDeQj | opinion
Is the era of the mega private equity deal over? https://t.co/pyzIiqn4r8
"While overall M&A deal volumes are up around 14% at the midway point of 2024, they still lag the 10-year average for a first half by more than $300 billion." @Swetha_Gopinath @DNair5 https://t.co/DBySIG3Z7K
Private equity deals slowly increasing...but industry still suffering from high rates: Private equity firms clinched more than $30 billion of deals around the world this week, raising hopes for a recovery in mergers and acquisitions following a slow first half of the year. TPG… https://t.co/tVLrfRnI7P
Are European PE megadeals losing steam? They only made up 21.6% of total deal value in 2024 YTD, down from historical averages. Learn more here: https://t.co/YqtB0KSiuO https://t.co/weEEmDtK6e
Dealmakers optimistic on global M&A prospects despite sluggish growth https://t.co/Y9iZjXmyIg https://t.co/eOZrEZklOi
🔵 DEALMAKERS OPTIMISTIC ON GLOBAL M(and)A PROSPECTS DESPITE SLUGGISH GROWTH Global mergers and acquisitions (M(and)A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024. Full… https://t.co/qZmDcfUOTJ
Big-deal drought: Europe’s private equity mega-deals are in decline, making up a smaller share of the region’s deals as higher borrowing costs—compounded by a weak economic outlook—continue to bite. https://t.co/hX4k75lzOh
Goldman Signals End of an Era in Private Equity With a Big Hire: https://t.co/Ngn4r2kfdB
"The value of deals globally stands at roughly $1.4 trillion at the halfway stage ... While that’s up 14% on the same period in 2023, it still lags the 10-year average for a first half by more than $300 billion." @michellef_davis https://t.co/VUSjU0sWya
A long era of easy profits in private equity is gone, and Goldman Sachs is digging in deeper for the harder work ahead https://t.co/MVgrjwNPDF via @sridinats @business #PrivateEquity
A long era of easy profits in private equity is gone, and Goldman Sachs is digging in deeper for the harder work ahead. https://t.co/5CC8zRLUks