Private Equity 2024 Year-in-Review and 2025 Outlook: Renewed Optimism in the M&A Market
RALEIGH, N.C., Feb. 13, 2025 /PRNewswire/ -- Cherry Bekaert (the Firm) has released its annual year-end Private Equity Industry Report, highlighting significant developments that impacted the private investment market in 2024. The report reflects renewed optimism for private equity (PE) following two years of decline and destabilization – the longest stretch in over a decade.
Featuring data provided by Pitchbook and other sources, including proprietary Firm data, the report provides an in-depth analysis of the PE mergers and acquisitions (M&A) landscape and explores sector-specific trends and opportunities for funds, investors and financial sponsors.
Overall, U.S. private equity deal value grew 19% year-over-year, as dealmaking showed strong momentum. While there is still softness in the market, the industry is seeing increased stabilization and normalization, resulting in a generally positive outlook for 2025. A summary of other key findings include:
- The valuation gap is closing, causing more deals to be completed
- Signs point to a surge in PE exits in upcoming cycle
- Megadeals rivaled record levels of 2021
- Technology accounted for more than 20% of total buyout value
- Healthcare PE activity rebounded, spurred by large healthcare services and biopharma deals
- Improved financing conditions are paving the way for robust dealmaking in 2025
"The PE landscape is poised for continued growth and opportunity in 2025, fueled by innovation, strategic investments and dynamic market conditions," said Scott Moss, Partner and Financial Industry Practice Leader. "Funds that embrace the challenges and seize the opportunities will likely be rewarded."
For the past few years, cautious optimism surrounded the PE landscape, but little substantial improvement materialized. As we look ahead, there is renewed hope for growth and abundant dealmaking opportunities, buoyed by increased stability, easing monetary pressures and a relaxed regulatory environment.
Read the full report here.
About Cherry Bekaert
Cherry Bekaert, ranked among the largest assurance, tax, and advisory firms in the U.S., serves clients across industries in the U.S. and internationally. "Cherry Bekaert" is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, and tax. We exercise a deliberate curiosity to know our clients' industries and work collaboratively to create shared success. For more details, visit cbh.com/disclosure.
Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at cbh.com and follow us on LinkedIn, Facebook,X or Instagram.
© 2025 Cherry Bekaert. All Rights Reserved.
View original content to download multimedia:https://www.prnewswire.com/news-releases/private-equity-2024-year-in-review-and-2025-outlook-renewed-optimism-in-the-ma-market-302376322.html
SOURCE Cherry Bekaert