Private Equity Firms Struggle to Secure Financing for Software Deals Amid Lender Caution
Private equity firms are encountering difficulty securing financing from lenders for software deals due to concerns over AI's disruptive potential. This has led to a significant drop in the volume of US software buyouts, with $17 billion closed or announced through May—half last year’s pace and just 17% of the same period in 2022.
Topics: AI impact on business lending pullback private equity software industry