October 2019 Middle Market Monitor

In September, public markets saw modest gains and lower volatility after losses in August. Economic indicators remained relatively flat, while consumer confidence decreased as the economy moves into the late cycle phase.  September saw a slowdown in both global and middle market M&A, due in part to global economic uncertainty.  Despite this, financial sponsors maintain record levels of dry powder and business executives continue to rank M&A as a primary growth strategy in the near term.  Download the October Report.