Small Exits Outperformed Large Ones in 2024
Paradoxically, lower enterprise values at exit were associated with higher value creation multiples, according to Preqin data. How?
2024 was a bad year for big deals. According to Preqin’s Q3 2024 Private Equity Quarterly Update, despite the number of exits increasing from 550 to 570 year-over-year, the aggregate value of those exits was stagnant, making for smaller exits overall during the period.