Too Rich For My Blood: Private Equity Balks at Sky-High Valuations

As 2015 valuations have reached record levels, private equity firms around the world are facing a serious case of sticker shock. Unlike other M&A booms, where private equity has been a driving force, today’s deal environment is dominated by large corporate buyers catapulting deal volumes (and valuations) to near record levels. This aggressive behavior has, in turn, resulted in a sharp decline in overall private equity deal activity.