Bloom Equity Partners reposted this
In this week's edition of the Bi-Weekly Bloom, we break down Pitchbook's Q1 2024 US PE Report, revealing pivotal trends in private equity. PE exits for tech companies climbed to $7.9 billion from $5.7 billion in Q4 2023, but only 37 exits were recorded, the lowest since Q2 2020. The tech sector received the highest valuations in 2023 — at 3.9x revenue — and the improved exit value in Q1 suggests that tech continues to garner interest, while finding increasingly more success in securing attractive exits. Read more below! #PrivateEquity #InvestmentTrends #PEInsights #TechInvestments Thanks to PitchBook, Forbes and Technical.ly for content this week!
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