May 2024 Middle Market Monitor

Economic indicators were mixed in April, with the unemployment rate holding steady and the Consumer Confidence Index declining. The Consumer Price Index rose by 0.3% on a month-over-month basis. The public markets decreased in April with a 4.2% loss in the S&P 500, as well as losses for both the Dow Jones and Nasdaq. Total middle market M&A activity, cross-border transactions, and leveraged buyouts all increased on a month-over-month basis. Mirus is pleased to share our thoughts on recent market activity in the May 2024 Middle Market Monitor.