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This debt package — executed through JPMorgan’s leveraged finance unit, not its private credit division — underscores a win for the bank-led underwriting model.
Richards also downplayed concerns of a PE bubble, noting that average acquisition multiples in the sector remain conservative compared to public market valuations.
September 23, 2025
As the US PE market re-emerges from the downturn, Europe’s middle market is also showing signs of life.