Lower Middle Market

More capital is pursuing continuation vehicles of every size, and the competition for dealmaking talent is proving just as fierce.

As more dealmakers pursue acquisitions without committed funds, capital providers are putting greater weight on track records, sector expertise and relationships when deciding whom to back.

As the independent sponsor universe expands, more firms are raising capital to back them and gain access to lower middle-market deals.

Family offices are pursuing direct deals and creating build-and-buy platforms, bringing more capital and control to the lower middle market.

In the lower middle market, operational and legal readiness of AI use matter most to sophisticated buyers.