Hi everyone, just curious how folks are feeling about 2024 thus far? In theory the higher interest rates should have driven down multiples slightly and worked in favour of buyers (long term, as interest rates then drop again). Practically though, it seems like that just pinched the market and sellers are possibly just holding out -- similar to the real estate market. I started my journey in January and have had a hard time finding decent mid market deals without too much compromise on my thesis.

Curious what others have encountered?