Examining financial and operating metrics offers valuable insights into private equity markets and how strategies are executed by private equity managers.
Derived from the data of approximately 9,000 US portfolio company investments acquired by private equity firms from 2000 through 2023, this annual report provides a comprehensive analysis of our observations on key metrics, including purchase price multiples, leverage multiples, revenue growth, earnings (EBITDA growth), and earnings (EBITDA) margins. It also allows for a comparison between private and public companies across time, industry sector, and company size.