New York, October 17, 2023 – Deals closed by private equity firms are down 33% from last year, according to analytics from the recently published 2023 Deal Origination Benchmark Report from Sutton Place Strategies, by Bain & Co. (SPS). The report, released annually each fall, uses last-twelve-months (LTM) data for the year ending June 30, 2023. It provides detailed analysis on sponsors’ deal sourcing strategies relative to peers, allowing firms to gauge the efficacy of their origination efforts and identify tactical areas for improvement in the year ahead.