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Consolidation trend Dec 2023

PE transaction activity in the trades slowing with tempering valuations in 2024

Jawad reports PE transaction activity is visibly slowing and valuations buyers will pay are tempering, while expecting a possible second or third wave if interest rates come down.

“private equity transactions, you're definitely already seeing it slowing down. And as a result, and with it, a tempering of what valuations people are willing to pay.”
HVAC Sentiment: Negative

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