The value of private equity technology deals has plunged since the end of last year as investors have grown more cautious about what companies are worth in the age of artificial intelligence, according to a
Global buyout deal value fell 70% to $20 billion in the first quarter as fewer large deals were completed, Bain said in the report, which analyzed data from Dealogic. Valuations of software companies fell about 8% in the period, compared with a decline of 0.3% for all other sectors.
Private equity firms have struggled for several years ...