February 2024 Middle Market Monitor

Persistent inflation and interest rate and economic uncertainty combined with ongoing geopolitical tensions to have a chilling effect on M&A deal volume last year. But that negative market outlook is quickly being replaced by multiple predictions of slow, but improving, growth in 2024, including a possible M&A resurgence. The S&P 500, Dow Jones, and Nasdaq continued to deliver positive returns to start the year, while middle-market M&A activity surged in January 2024. Mirus is pleased to share our thoughts on recent market activity in the February 2024 Middle Market Monitor.