The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Private equity geared up for an active year

Almost all venture capitalists expect to see an increase in UK activity this year, in both volume and value of deals, with particular consolidation in the retail and financial services sectors.

A survey by Grant Thornton Corporate Finance found that 98% of private equity houses thought the number of UK deals would increase in the next twelve months and 95% thought the total value of deals would increase.

Having experienced a marked rise in investor interest recently, almost 30% expected financial services to be the most consolidated sector over the next six months, with 12% going for the retail sector and 14% for healthcare. Within retail 90% expected consolidation to come in the non-food sector, while 67% thought the majority of healthcare activity would come from care homes.

Mat Bhagrath, partner at Grant Thornton Corporate Finance, said: "In the retail sector, softening consumer spending and rising interest rates have hit pockets of the industry very hard. Weak Christmas trading for a number of retailers and burgeoning levels of personal debt is leaving a number of smaller retailers vulnerable to the advances of the larger players.

"The increasing power of supermarkets and their increasing diversification into non-food goods is also adversely impacting a number of high street retailers.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree