Major private equity firms, like KKR, are increasing their focus on the middle market due to a surplus of unsold companies, according to Pitchbook.
Of approximately 4,500 U.S. middle market companies, 36.2% have been held for five years or more, according to Pitchbook’s Middle Market Report.
For two consecutive quarters, middle market sponsor-to-sponsor exits have taken the lead in both total count and value, according to the Pitchbook report.
