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Happy Friday and welcome to another edition of Axial Radar!
Earlier this week, we published our inaugural Lower Middle Market Pursuits report. And while I don’t typically like to peddle our own product in this forum, the contents of the report justify a week’s worth of Radar coverage.
As the title suggests, the report tracks buyer activity on the Axial platform (aggregated and anonymized), using a metric we’ve dubbed pursuit rate. If NDAs, IOIs, and LOIs reflect the progression of interest among dealmakers, the pursuit rate offers insights into the very first impulses of prospective buyers as soon as a deal comes to market on the Axial platform.
Make sure to check out this week’s featured Industry Trends article to access your free copy of the report. If you have any comments or feedback, just hit the reply button – we’d love to hear from you!
Our featured buy-side members this week include a single-family office, a buy-and-build PE firm, and a company in the payments processing space. On the sell-side we’ll introduce you to two prestigious middle market investment banks.
Click here to follow Axial on LinkedIn and stay up to date on the latest trends in the world of Lower Middle Market deal making.