1、Private Equity Factbook Q1 2026Focus:GlobalMay 2026Special ReportSpecial Report|Private Equity Factbook|Q1 2026|Public|May 20261Source:Pitchbook,Aranca AnalysisQ4 2025Q1 2026Note:Quarter represents the calendar yearQ1 2026 marked a sharper but more concentrated phase of PE activity,with deal volumes
2、 pulling back as capital rotated into fewer,larger transactions2,653Deals CompletedUSD 568 BnCapital InvestedUSD 214 MnAverage Deal Size407Number of Exits1,954Deals CompletedUSD 732 BnCapital InvestedUSD 374 MnAverage Deal Size361Number of ExitsSpecial Report|Private Equity Factbook|Q1 2026|Public|M
3、ay 20262Deal volumes declined 26%QoQ in Q1 2026,normalizing from the Q4 2025 surge,as PE firms remained selective amid improving but still cautious credit conditionsIndicates annual/YTD deals completed2,6561,9841,7251,7852,0101,9542,3201,8321,9322,0611,8072,2151,6321,6871,8242,1592,5732,0002,0232,41
4、82,653202120222023202420252026Q1Q2Q3Q4Figures in Units9,7647,4488,0881,9548,629Number of Deals7,3671,333 324 265 Total Deals:1,954Type of Deals Q1 2026PIPEGrowth&ExpansionBuyoutsOthersGlobal PE deal activity moderated sharply in Q1 2026,with 1,954 deals completed,(26%QoQ)as sponsors became more sele
5、ctive amid still cautious credit conditions.The decline appears to reflect a normalization from elevated Q4 2025 activity rather than a broader market reset,with Q1 2026 deal volume remaining broadly in line with recent first-quarter levels,including 1,785 deals in Q1 2024 and 2,010 deals in Q1 2025
6、.PIPE transactions dominated Q1 2026 deal flow,accounting for 68%of total deal volume,highlighting continued sponsor preference for structured minority investments and public-market-linked opportunities.Source:Pitchbook,Aranca Analysis32Special Report|Private Equity Factbook|Q1 2026|Public|May 20263