Economic uncertainty in 2023 doesn’t mean portfolio activity has to stop. But it will mean extra due diligence in three areas.
As we shared during Crowe Expertise Week for private equity, the economic picture for 2023 is looking increasingly recessionary. And while a downturn could be short and mild, the uncertainty has negatively affected deal markets.
Among the more concerning trends:
Inflation rising to 40-year highs, which has increased buyer risk associated with underwriting normalized…