Market Insight
European entry multiples rise to 10.2x in 2016
CEE, southern Europe and the Nordic region drive average price increase, while UK valuations drop
Q4 Barometer: Large-cap deals boost value in a shrinking market
Spike in megadeals boosted aggregate deal value in Q4, though volume was down 20% year-on-year
unquote" LP and secondaries round-up
European fund-of-funds managers look to raise new vehicles, LPs increase private equity allocations, and more in this unquote" round-up of LP news
Q3 Barometer: Core mid-market buyouts return to growth
Mid-market deal volume across Europe reached its highest total in five quarters
Secondary buyout levels reach new heights
SBO market in Europe has developed steadily over the last 15 years
European entry multiples rebound in Q2
Following a dip in Q1, multiples for European PE-backed buyouts have returned to 2015 levels
Polish buyouts keep CEE afloat
Poland has established itself as the largest buyout space in CEE
Southern Europe leads renaissance of billion-euro club
Dealflow in the €1bn+ buyout segment reached an eight-year high across Europe in the 12 months to Q2 2016
Q2 Barometer: European buyout activity rebounds
European deal volume reached its highest total in six quarters, while aggregate value increased by 80% compared to Q1 levels
Denmark increases share of Nordic PE deals
Southernmost Scandinavian country was the busiest country by deal volume in 2015
Berlin keeps Germany afloat
The German capital has emerged as the lone bright spot in the country, buoying the German private equity industry
Tech drives Danish PE as healthcare loses ground
Denmark's technology sector has fueled the rise of the local private equity industry
Holding periods lengthening again following 2015 drop
Holding periods for assets exited in so far 2016 have climbed following a drop in 2015, but still sit lower than the 2012-2014 average
Entry multiples still in double digits for most popular European markets
The latest unquote” and Clearwater International Multiples Heatmap Report, now available for download, neatly reflects the ever-challenging environment for private equity investors.
Tech startups power Italian recovery
Over the past few years, tech startups have accounted for an increasingly larger proportion of the Italian private equity landscape
Q1 Barometer: Slow start across Europe despite French uptick
The European buyout segment witnessed a slow Q1 volume-wise, with the number of deals recorded being the lowest total since Q1 2014
Private equity continues to shy away from renewables
Declining dealflow confirms the industry's move away from alternative energy, despite two large deals inked in 2015
UK buyout activity suffers deepest decline since 2009
The volume of buyouts witnessed so far for the first quarter of 2016 is the lowest on record since 2009
Secondary buyouts reach new heights
Europe sees new record for SBOs, with 40% of European buyouts sourced from other GPs in 2015
Multiples Heatmap Q3 update: prices heat up in France, CEE
Download the latest instalment of our ongoing project tracking average multiples paid by private equity
France’s financial sector surges ahead
Private equity dealflow within the financial sector in France has reached a record high, according to unquote" data
Q4 Barometer: Record value in 2015 despite end-of-year dip
Fewer deals but higher aggregate value in 2015 meant the average deal value jumped by a whopping 53%
Value of European buyouts rose by almost 35% in 2015
Leading with an impressive hike in aggregate value, discover the key findings of our Annual Buyout Review
Competition, maturity drive swell in French VC investments
Paris's venture scene is thriving, with increasingly larger investments being deployed