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Forvis Mazars’ Global Private Equity Report 2025

Explore the latest insights on the U.S. private equity industry in our report.

The private equity market is navigating a period of volatility; however, our research shows that firms remain optimistic, supported by their capacity to operationally drive value creation despite market uncertainties.

In our latest report, Global Private Equity Report 2025, Riding the wave of market change, Forvis Mazars surveyed more than 300 private equity (PE) respondents who offered insights into key trends, challenges, and opportunities shaping the PE landscape across North America, Europe, Asia Pacific, Africa, and Latin America.

Key trends specific to the U.S. PE market include:

  1. Economic factors driving strategic changes
  2. Preference for mid market funds and add-on deals
  3. Prioritization of operational value creation for growth
  4. Navigating challenges of an unpredictable regulatory and geopolitical environment
“The uncertainty of the U.S. business environment post-election puts a new lens on deals that requires PE firms to consider the potential impacts of tariffs and regulatory changes. The market is waiting for clarity, but expectations are that deal activity could rise in 2025 as interest rates decline and inflation stabilizes.”
-Scott Linch, Partner & Private Equity National Industry Leader, Forvis Mazars US

U.S.-based PE firms are demonstrating agility by aligning investment strategies with market realities. By leveraging targeted growth strategies, focusing on high-potential mid market opportunities, and strengthening operational frameworks, firms are well positioned to deliver enduring value to investors.

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