European PE deal value soared in 3Q 2019 to €122.7 billion, a 24.8% uptick QoQ. On an annual basis, the volume has continued its downward trend but has remained broadly static QoQ. Deal volume in the UK & Ireland region has remained surprisingly resilient in the face of strong macroeconomic headwinds.
The European PE Breakdown captures trends in dealmaking, exits and fundraising that are shaping the private equity landscape in Europe. This edition spotlights multiples in the region, which appear to be coming down after a steady climb in 2018 as GPs shift strategies in the face of evolving economic conditions.
European PE deal value soared in 3Q 2019 to €122.7 billion, a 24.8% uptick QoQ.
The beleaguered European PE exit environment continued in 3Q, with only €42.8 billion closed across 221 liquidity events.
European PE fundraising activity is on track to hit the third-highest annual level on record with €51.6 billion raised across 64 funds.