Wed, 30 Jun 2010 | BUSINESS NEWS
Private equity-sponsored UK buyouts have shown a marked recovery in 2010, after figures revealed that the value of deals so far this year has already overtaken the 2009 full year transaction value.
The 2010 total has already reached £7.9 billion, compared with last year's figure of £4.7 billion. The number comes from the values of 87 deals so far, which is a weighty majority of the 120 counted for the whole of 2009.
Christiian Marriott, director at Barclays Private Equity, said that even though there was a small slow down on the second quarter figures for this year, the number would still show an exceptional recovery from the industry lows of 2009.
"With volatility in global equities, a looming general election and uncertainty around future capital gains tax, it is not surprising that the momentum in UK buy-outs has flagged," he said.
The Centre for Management Buyout Research (CMBOR) has found that private equity-backed buy-outs in 2010 averaged a value that was more than double that of 2009, from £39.5 million to £91.2 million. It is the second-highest buyout size ever recorded, after the 2007 value of £133.7 million.
The recovery is thought to have been led by secondary buyouts, in which one fund manager sells on a portfolio company to a competitor manager. Deals like this have accounted for 60 per cent of the market by value, with a total worth of £4.8 billion.
A concept which led to revolutionizing the restaurant industry, offering an efficient and profitable approach to food production and targeted marketing.
Their versatile offerings include custom rafted joinery products such as elegant doorsets, stylish TV and media units, functional desks, ingenious shelving and storage solutions, luxurious bed surrounds, stunning timber staircases, sophisticated engi...
As a specialist in Italian Motorcycle Parts and Accessories supplies, the business has developed expertise in sourcing and offering a comprehensive range of high-quality products.
17
|
May
|
Focus Group continues acquisitive growth with telecoms deal | BUSINESS SALE
Business communications provider Focus Group has continued i...
17
|
May
|
Foresight-backed lab services group acquires sample storage specialist | BUSINESS SALE
Biofortuna, a laboratory services group backed by SME invest...
17
|
May
|
Brown & Brown acquires two insurance brokers | BUSINESS SALE
Brown & Brown (Europe) has continued its acquisitive activit...
17
|
May
|
Brown & Brown acquires two insurance brokers | BUSINESS SALE
Brown & Brown (Europe) has continued its acquisitive activit...
17
|
May
|
Foresight-backed lab services group acquires sample storage specialist | BUSINESS SALE
Biofortuna, a laboratory services group backed by SME invest...
17
|
May
|
Focus Group continues acquisitive growth with telecoms deal | BUSINESS SALE
Business communications provider Focus Group has continued i...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.