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Technology ranked 4th in dealflow but had the highest average pursuit rate, 8.76%, of all sectors. See below for the full Q3 deal activity overview on the Axial platform, and for a more detailed breakdown by industry, check out The SMB M&A Pipeline: Q3 2023. .”
Speaking at the World Economic Forum in Davos, Benedetti noted that many firms had delayed asset sales due to election uncertainty but are now bringing investments to market. While 2021s record-breaking exit activity may not return, Benedetti expects dealflow to rebound to levels seen in 2018 and 2019.
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