Market Insight
Mega-rounds fuel record H1 for venture and growth
Largest rounds inked in the first six months of 2021 read like a veritable Who's Who of European fintech heavyweights
UK buyout activity cools off in second quarter
While buyout activity fell more sharply in the UK compared to other European markets in Q2, dealflow remained very strong by historical standards
European PE buyout activity sets new record in H1
Hectic first quarter drove an unprecedented spike in deal activity, while aggregate value is just shy of hitting an all-time high
Healthcare buyout value hits new high in first half
Trio of mega-buyouts push the aggregate value of deals to €19.5bn in H1, versus €11bn in H2 last year
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching €12.7bn
PE funds raised in pandemic increasingly target TMT opportunities
GPs' origination preferences and 2020 investment volume have already shown a clear shift to technology investments, with new fundraises following suit
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers
Tech overtakes consumer in Italy
Numerous Italian GPs with a generalist approach have reshaped their activity towards the tech sector
Buyout rankings: who invested the most in Europe in Q1 2021?
Unquote tallies the top 10 most active GPs across the European buyout space in the first quarter
SBOs, mega-deals fuel strong Q1 for French buyouts
While the sharp quarter-on-quarter rebound of late 2020 was not replicated, the French market remained buoyant in Q1
UK buyout rankings: who invested the most in Q1
Unquote tallies the top 10 most active GPs across the UK buyout space in an exceptionally busy first quarter
Quiet market for final closes in Q1, as backlog of funds on the road grows
The number of final closes for European PE funds was down by 22% year-on-year in Q1 2021
UK buyout activity sets new record in Q1
UK buyout market is truly back in full swing, according to preliminary figures from Unquote's proprietary database
European fund launches off to slow start in 2021
Number of PE funds launched by European managers in Q1 this year is significantly down on the volume recorded for the same period in 2020
Majority of LPs happy to commit without in-person meeting – survey
Cebile Capital survey finds that 51% of respondents expect to increase PE commitments in 2021
Quantifying PE's appetite for recurring revenue models
Buyouts in sectors where recurring revenue models are predominant went from 8% of European volume in 2010 to 22% in 2021 to date
How UK PE buyouts soared ahead of 2021 Budget
Amount of dealflow in the past three months is significantly higher than in previous December-February periods
PE firms more bullish than corporates on distressed M&A – survey
Of the PE firms surveyed, t4% cite distressed/turnaround opportunities as a major motivation for acquisitions
DACH buyout market weathers Covid-19 impact, UK and France suffer
Germany emerged as the busiest region in Europe in Q2, albeit with a low volume and aggregate value of deals by historical standards
PE exits hit decade low in Q2
Volume of exits by PE players across Europe fell by 43% year-on-year in Q2 2020 as the coronavirus crisis took hold, according to Unquote Data
PE secondaries volume cut by more than half in H1 - survey
Private debt fund secondaries were hit even harder with an 81.8% plunge, Setter says
Italian PE: an opportunity in crisis
The latest edition of Gatti Pavesi Bianchi's series on the Italian private equity and M&A markets is now available to download
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
VC, growth activity collapses in March amid Covid-19 outbreak
European VC and growth capital dealflow was no more sheltered than its buyout counterpart
