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Deal flow cooled sharply in July as macroeconomic uncertainty and a sluggish private equity exit environment continued to weigh on transactions, though year-to-date activity remains ahead of 2025.
First-half deal volume and value rose from a year ago as private equity exits gained urgency, valuation expectations aligned and activity broadened across most sectors.
July 9, 2026
Sellers will want floors in purchase price adjustments, while buyers want to make sure businesses still have enough working capital.