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Insights Shaping the Future of Independent Sponsors

The independent sponsor market continues to evolve, driven by changing deal dynamics, new funding sources, increased collaboration, and emerging technologies.

Citrin Cooperman's 2026 Independent Sponsor Report provides exclusive insights from independent sponsors and capital providers on the trends reshaping the lower middle market, including deal activity, fundraising, investor returns, partnership structures, and AI adoption.

What You'll Learn

  • Deal Trends: Where sponsors are investing and how target company profiles are changing
  • Investor Returns: Performance, liquidity events, and exit activity benchmarks
  • Fundraising: The capital sources fueling today's transactions
  • Partnerships: Why collaboration is increasing across the market
  • Fees and Carry: Current trends in fees, equity contributions, and carried interest structures
  • AI and Value Creation: How sponsors are leveraging AI to drive efficiency and growth

Key Findings

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84% of respondents with liquidity events have generated 3x+ returns for investors.

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79% believe AI will significantly impact the independent sponsor model within the next three years.

79% target companies with $2M-$5M EBITDA.

69% use family offices as a source of acquisition capital.

Why Download This Report?

Widely recognized as a leading source of market intelligence for the independent sponsor community, Citrin Cooperman's Independent Sponsor Report has become a trusted industry benchmark for sponsors, capital providers, family offices, and deal professionals seeking to understand the evolving lower middle-market landscape.

Our 2026 report provides exclusive research, performance benchmarks, and forward-looking perspectives from active market participants, helping sponsors, investors, and advisors make more informed decisions.

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Looking to Maximize Deal Value?

In an increasingly competitive market, successful transactions require more than capital. They require thorough due diligence, strategic planning, and a clear understanding of financial and tax risks.

Citrin Cooperman helps independent sponsors and investors navigate the full transaction lifecycle with comprehensive advisory services designed to support better decisions and stronger outcomes.

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