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124 AI Clogs Exits for PE-Backed Software Firms

The Information
Valida Pau @ The Information 3 place · today 09:00 EDT

AI Clogs Exits for PE-Backed Software Firms

Private equity firms are struggling to sell the software companies they acquired in a buying frenzy in 2021 and 2022, even though they enjoyed a rebound in sales for such companies last year. The lack of deals could force more PE firms to sell their holdings at a lower price, or even at a discount to the original deal price.

Sales did pick up last year but not enough to make a dent in the holdings they accumulated in the boom years. Last year PE exits, either public listings or sales, rose 76% measured by.

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