Tech private equity is "frozen"

A top tech banker tells Axios that tech buyouts are "frozen," and the data largely backs him up.By the numbers: There's been a total of just $9.3 billion of global tech buyout value in April and May 2026 combined, according to PitchBook.That compares to $52.6 billion in March alone, and a monthly average of $43.4 billion between last September and this February.U.S. tech buyout data is a bit lumpier, but follows the same trend. A monthly average of $25 billion for the 12 months ending March 2026...