BusinessCorporate FinanceActivity levels increase in MBO market

Activity levels increase in MBO market

KPMG's private equity group has reported increased levels of activity in the MBO market for the third quarter of this year, with the mid-market sector showing strong growth.

Link: Revenue builds stumbling blocks for MBOs

Some 38 deals with values over £10m were completed in the third quarter, with a total value of £3.23bn.

The mid-market (£25m to £100m) showed particularly positive signs of recovery. For the first three quarters of 2003, deals in this sector totaled £2.12bn – almost as much as the total value of mid-market deals in 2002 (£2.18bn).

Head of corporate finance within the private equity group Charles Milner, said: ‘The strength of the middle market is particularly encouraging and underlines the essential role the private equity community plays in providing finance for this important part of the UK economy.’

Related Articles

Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

9m Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

9m Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

9m Stephanie Wix, Writer
Tax avoidance crackdown sees 80% jump in additional HMRC revenue

Accounting Firms Tax avoidance crackdown sees 80% jump in additional HMRC revenue

9m Stephanie Wix, Writer
Making Tax Digital: the "unexpected item in the bagging area"

Accounting Standards Making Tax Digital: the "unexpected item in the bagging area"

9m Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

9m Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

9m Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

9m Stephanie Wix, Writer