Hello Hubsters,
It’s Irien Joseph bringing you the Europe edition of the Wire from the London newsroom.
We’re kicking off today with a listicle that highlights a surge in interest in the accountancy sector, featuring six private equity-backed deals.
Next, we have a report by the British Private Equity and Venture Capital Association (BVCA) and Public First, with recommendationsfor boosting private investments in the UK.
I conclude with a positive note: mid-market transactions are fueling a rebound in exits, with PE-backed IPOs on track for their best year since 2021, according to a report by S&P Global Market Intelligence.
Cross-border element
Private equity firms are snapping up deals in the accountancy sector thanks to the industry’s stable and recurring revenue streams, while also finding growth in the technology side of the business, Andrew Wingfield, private equity M&A partner in the London office of international law firm Proskauer, told PE Hub’s Craig McGlashan.
Check out the full story to find out the key M&A drivers and the deals announced in the sector.
Unlocking private investment
The new Labour government in the UK has prioritized boosting economic growth as a key goal. Keeping that in mind, the BVCA and policy and research consultancy Public First ran an investment commission to draw insights from BVCA members and experts from academia, business and other areas. The commission has proposed recommendations to boost private capital investment in the UK.
Read the premium version of the Europe Wire to find out the key takeaways from the report.
Exits rebound
Mid-market transactions are driving a rebound in exits, with private equity-backed IPOs on track for their best year since 2021, according to a report from S&P Global Market Intelligence.
Subscribe to the premium version of the Europe Wire to find out more on the report and the exits we covered this week.
That’s it from me. PE Hub reporter John R Fischer will be with you in the New York morning with the US edition.
Please Note: Due to the observance of Indigenous Peoples Day in the US on Monday, there will be one combined US/Europe edition of the Wire, written by Craig McGlashan.
Warmly,
Irien
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