In the fourth quarter of 2022, Katten fielded an online survey using a leading global third-party panel provider platform to understand how funds can unlock value in this current, volatile macroeconomic environment, and to identify the pain points and opportunity areas for investors through 2023.
The firm is pleased to share the results of this survey in Katten's 2023 Middle-Market Private Equity Report, which offers important perspective and guidance to contextualize the research. Led by partners Kimberly Smith, Christopher Atkinson and David Washburn, the report provides a timely, actionable assessment of the legal and business outlook for middle-market private equity, the trends expected to influence the space in 2023 and the mechanisms industry leaders are using to seize value in the year ahead.
The survey revealed middle-market private equity firms having mixed expectations for the US market in 2023 amid high inflation and concern that interest rates will keep climbing — still, dealmakers are maintaining cautious optimism in key sectors. While many investors expect to make additional acquisitions in the coming year, some are bracing for a hostile regulatory environment and due diligence hurdles with others prioritizing alternative deal types to mitigate impacts from continued macroeconomic volatility.