New evidence points to the lower middle-market’s resilience during market turbulence. A fresh analysis of deals by Axial shows deal flow up 10 percent over 4Q21, even though volume fell just short of 1Q21. “The lower middle-market deal arena,” writes Axial CEO Peter Lehrman, “Thanks to its breadth and diversity across longstanding or emerging industry niches – has become one of the more stable areas of the market for both buyers and sellers.”
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