European private equity deal activity hits a new annual record
PE deal activity has hit a new annual record already this year with approximately 5,492 deals closed, worth €548.7 billion. The previous record was set in 2019, with 4,511 deals closed.
The bulk of deal volume came from the insurance space, which saw a 20% increase in deal count from the first three quarters of 2020. Private equity’s interest in insurance brokers stems from the subsector’s intense fragmentation, light capital intensiveness, lack of regulation, and relatively stable free cash flows."
Dominick Mondesir, Senior AnalysT | PITCHBOOK
How is this surge in deal activity impacting recruitment?
In terms of talent attraction, we are seeing that this surge in activity has resulted in an increased demand for talented professionals and there is a shortage of candidates with sector specifc experience, or experience of working in a private equity backed business.
However, will this level of activity hold pace into quarter four?
Find out more about private equity predictions in the full European Private Equity Breakdown Report, which covers:
- Deals by region
- Deals by sector
- Exit trends
- Fundraising trends
If you would like to discuss career opportunities within Private Equity backed businesses, please reach out to me directly for a confidential conversation.
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