December 2019 Middle Market Monitor

In November, gains in the public market continued with the major indices reaching near record highs. Economic indicators remained stable, with consumer confidence dipping slightly lower on trade uncertainty and sentiment that the economy is moving towards the later end of the business cycle. November saw a slowdown in M&A activity while many expect to see M&A activity grow in 2020 driven in part by private equity firms looking to deploy record levels of dry powder.  Download the December Report.