Individual buyers made their mark in the lower middle market as well, at 35% of acquisitions (18% first time buyer, 17% serial entrepreneurs). Once again, private equity made about a quarter of the acquisitions in this market.
![Active Buyers in 2022 – Lower Middle Market Business Buyers Lower Middle Market](https://www.deltabusinessadvisors.com/wp-content/uploads/2023/03/2023-03-21-DBA-Final@0.5x.jpg)
Individual buyers made their mark in the lower middle market as well, at 35% of acquisitions (18% first time buyer, 17% serial entrepreneurs). Once again, private equity made about a quarter of the acquisitions in this market.