With the publication of the Q2 2021 Clearwater International Multiples Heatmap, Unquote invited members of Clearwater’s executive team to speak in depth about the trends that the report identified in European private equity entry multiples.
The record-breaking pace of European PE activity at the start of the year eased back a little in Q2, but only a little: Q2 deal value still reached the second highest level in seven years, while deal volume recorded its third highest total. A slight dip though this may be, entry multiples continued their rise for the fifth consecutive quarter, to reach an average of 11.8x over the last 12 months.
Unquote editor Greg Gille spoke with several market experts at Clearwater to discuss the findings of the report in detail – beginning, as usual, with a macro view with Marcus Archer, Clearwater's managing partner and head of private equity.
For a more focused examination, Greg spoke with Clearwater partner Richard Goldsack about the busiest region in Europe, the UK & Ireland; and with Clearwater managing partners John Sheridan and Philippe Guézenec on the trends driving the Food & beverage sector.
0:00 – Intro
2:33 – Marcus Archer on overarching trends
11:11 – Richard Goldsack on the UK & Ireland
18:09 – John Sheridan & Philippe Guézenec on the food & beverages sector
Theme music: ©2012 Kick Up The Fire
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