The Braff group has been tracking transactions since 2001. The following graphs are based on TBG’s proprietary database.
Quick note on annual trends: COVID materially distorted deal flow from 2020 through mid-2024. Many sectors followed a similar pattern: a decline in 2020, a record rebound from 2021 through mid-2022, and a slowdown in 2023 through mid-2024 driven by (a) inflation (at least partially attributable to government spending to prop up a COVID weakened economy) and (b) the Fed’s response to raise interest rates. As a result, many sectors appear to show a sharp drop from peak 2021 levels to 2024/2025, when activity began to stabilize. However, this pattern largely reflects macroeconomic pressures rather than diminished buyer interest. Accordingly, it is instructive to compare recent deal volume to 2019 and prior to factor out the COVID distortion.
This interactive module keeps you informed with annual and quarterly performance graphs, giving you a clear view of key trends, valuation movements, and market dynamics.
This interactive module keeps you informed with annual and quarterly performance graphs, giving you a clear view of key trends, valuation movements, and market dynamics.
This interactive module keeps you informed with annual and quarterly performance graphs, giving you a clear view of key trends, valuation movements, and market dynamics.
This interactive module keeps you informed with annual and quarterly performance graphs, giving you a clear view of key trends, valuation movements, and market dynamics.
This interactive module keeps you informed with annual and quarterly performance graphs, giving you a clear view of key trends, valuation movements, and market dynamics.