View all insights
image

Dislocation in Western Private Equity Markets.

CEPRES released their latest analysis this week showing that recently the US buyout market is driven by revenue growth, whereas in Europe buyout pricing is driven rather by operating income.

The analysis used the CEPRES PE.Analyzer investment decision platform to analyze over $12 trillion of PE transactions to illustrate the disparity of buyout deal pricing drivers between North America and Europe and the higher end of the market versus the lower. The analysis shows US Buyout/Growth deals in the top quartile are priced with the highest premium paid for revenue since 1999, while EBITDA multiples are steady. Conversely in Europe, top quartile Buyout/Growth deals are paying a premium for operating income reflected in higher than normal EBITDA multiples, while revenue multiples are steady.

Download full report to learn about:

• US Buyout / Growth Pricing – EBITDA Multiples
• Europe Buyout / Growth Pricing – EBITDA Multiples
• Europe Buyout / Growth Pricing – Revenue Multiples

Dataset
Article

Read next

image

The Convergence of Public and Private Markets: The Rise of Private Credit

Join thousands of institutional investors and asset managers already optimizing returns with private credit. Fill out the form to download your exclusive copy of “The Convergence of Public and Private Markets: The Rise of Private Credit.”

image

Navigating Market Volatility: Key Challenges Facing Asset Managers

For Asset Managers and Fund of Funds operating within private capital markets, the current market turmoil and renewed tensions present a complex set of challenges that require thoughtful, data-driven responses. To maintain investor confidence and deliver on performance expectations, Asset Managers must confront operational, analytical, and strategic issues head-on.

Discover actionable insights to navigate market turmoil and deliver superior performance. Download our whitepaper to gain strategic advantage in private capital markets.

image

Family Office LPs: Overcoming Challenges in Private Capital Investment

Family offices face unique challenges in investing in private capital, particularly when balancing financial returns with multi-generational legacy. Active involvement in managing investments can increase the risk of emotional decision-making and asset concentration.

For those investing in private capital markets, a portfolio management solution with proprietary private market data is key to tracking and managing investments effectively. Unlike public markets, private market assets require specialized insights for accurate performance and risk assessment.

Download our whitepaper to discover how advanced portfolio management and data-driven solutions can enhance your investment strategies.

Client Exclusives

Private credit: Spotlight on deals — the winners and losers & bounce back from the crisis

Read more
image

Navigating Private Debt: A Deep Dive into Historical Risk and Returns

Read more
image