March 2024 Middle Market Monitor

The U.S. economy delivered mixed signals in February, with some indicators down and others showing signs of improvement. The Consumer Price Index increased and the Consumer Confidence Index declined, while the unemployment rate rose slightly over the month. The public markets saw a gain with the S&P 500 increasing 5.2% in February. Total middle market M&A deal volume, including cross-border transactions and leveraged buyouts, saw a decline from January’s increases. Mirus is pleased to share our thoughts on recent market activity in the March 2024 Middle Market Monitor.