Philadelphia, February 12, 2020 – Murray Devine Valuation Advisors has released its annual Valuation Outlook that gives a recap of 2019 deal flow and looks ahead to trends in private equity valuations for 2020.

The 2020 outlook, “Priced to Perfection,” explores the drivers behind the rich multiples paid by sponsors the last few years, while also highlighting how high prices have changed the nature of deal flow in the asset class and what investors can expect for the balance of 2020.

“It’s clear that buyers remain confident, with continued fundraising resulting in record-high dry powder and valuations remaining elevated,” noted Daniel DiDomenico III, Senior Managing Director, Head of Valuation Services at Murray Devine Valuation Advisors and author of the report. “However, the data also revealed subtle changes as investors gravitate to growth sectors, such as tech, and lean on accretive add-ons as a way to drive growth and lower their effective multiple over the course of their investments.”

The report includes data, furnished by Preqin LTD, on the average entry multiples paid by both U.S. and global private equity firms, as well as trends in private equity deal flow, fundraising, deal activity and valuations in specific sectors, and multiples based on deal size.

The first-half Murray Devine Private Equity Valuations Outlook can be found here.

About Murray Devine Valuation Advisors

Murray Devine Valuation Advisors, a premier national firm headquartered in Philadelphia, PA with offices in New York City and Austin, TX, provides financial opinions, financial and portfolio valuations and related valuation advisory services for leading private equity firms, business development companies (BDCs), private debt and hedge funds, commercial banks and corporations throughout the country.

In their 30th year, Murray Devine has, for the past three decades, remained true to its exclusive focus on “valuation and valuation only.” This guiding principal fosters subject matter expertise, through analysis and operating efficiencies that provide our clients with a premium work product and experience at an optimal value. Unwavering client focus, reliable quality and responsive service are the hallmarks of every Murray Devine engagement.

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