GF Data Releases Q2 2025 M&A and Leverage Reports

Chicago, IL – August 22, 2025 — GF Data^®, an ACG^® company, has released its latest M&A and Leverage Reports, covering private equity-sponsored transactions completed through June 30, 2025. The reports detail a rebound in middle-market deal activity in the second quarter, with GF Data’s contributing private equity firms reporting 81 completed deals—an increase of nearly 33% over the 61 deals reported in the first quarter.

In terms of valuation, average purchase price multiples fell sharply in Q2 to 6.8x trailing 12-month adjusted EBITDA, down from 7.6x in Q1. This marks the steepest quarter-over-quarter decline since early 2023. 

The reports, sent exclusively to GF Data subscribers, include detailed drilldowns into valuations by deal size, buyer type, industry, and more, along with market analysis and commentary. The Leverage Report features additional insights into debt use, plus expanded data cuts by deal size, sector, and capital mix.

Platform Enhancements and Upcoming Events

In the coming weeks, GF Data will launch an upgraded version of its website for subscribers, introducing significant new features aimed at improving the user experience and data accessibility. Enhancements include:

• Advanced data visualization
• Customized field selection
• Targeted reporting period filters
• Streamlined data downloads

As summer winds down, GF Data is returning to in-person and virtual events, where you can meet the team and learn more about GF Data’s reports and analysis:

• September 8: ACG New England Conference – Rhode Island
• September 9: ACG Houston Monthly Luncheon
• September 10: XPX New Jersey Monthly Breakfast
• September 25 at 2 p.m. ET: 2025 M&A Mid-Year Recap & Outlook webinar featuring Bob Dunn of GF Data and Scott Linch of Forvis Mazars (Open to active ACG members, and GF Data subscribers and contributors)

To learn more about GF Data and how it can help you compete more effectively in dealmaking, schedule a demo.

About GF Data
GF Data provides reliable, confidential data on private equity-sponsored M&A transactions in the $10 million–$500 million enterprise value range. Our proprietary data is sourced directly from active deal professionals and used by valuation firms, lenders, investors, and M&A advisors for benchmarking, valuation, and market analysis. Learn more about GF Data at gfdata.com or contact us at info@gfdata.com.

About ACG (Association for Corporate Growth) 
Founded in 1954, ACG is the premier M&A dealmaking community with a mission of driving middle-market growth. ACG’s global network operates within 61 local markets worldwide and comprises more than 100,000 middle-market professionals who invest in, own, and advise growing companies. Learn more about ACG and become a member at acg.org. 

Media Contact: 
Katie Maloney 
Vice President, Communications & Content
Association for Corporate Growth 
kmaloney@acg.org