Data from the PCA Index Featured in Associated Press about Market for Small Business Waning

An article in the Associated Press cited Craig Everett, Director of the Pepperdine Private Capital Markets Project at the Graziadio Business School, “this is the first time in years that we’ve seen four out of five (company value) sectors report a dip in seller market sentiment. This is a sign the market may have peaked, and more people are expecting a correction in the year or two ahead.”

The article by Joyce Rosenberg cites findings from the Pepperdine Private Capital Access (PCA) Index and two industry groups, the International Business Broke Association and the M&A Source. The survey was conducted in the first half of April and are in line with reports released in late April by BixBuySell.com, an online marketplace for small businesses.  Higher interest rates are a likely factor in the market dip. The Federal Reserve has raised interest rates nine times since 2015, making it more expensive to finance purchases. Read more.