Stay in the know
We’ll send you the latest insights and briefings tailored to your needs
Welcome to the first edition of the PE Pulse.
In this edition we cover:
1st by deal value and deal count, Australia Mergermarket 2017.
So far in 2018, sponsor activity has been spread across a diverse range of sectors, alongside the continued trend for lower deal volumes and larger value investments. Preqin data for 2018 reveals that the food and agriculture sector has attracted the most investment. Technology, media and telecommunications was also highlighted as a growth sector to watch for 2018, but so far this has not proved true.
One of the more notable trends to have emerged in 2018 is the significant increase in public to private transactions. The amount of dry powder sitting across PE and VC funds is estimated to be at least $7 billion. This has created competition for quality assets in the unlisted space.
Strong borrower-friendly conditions remain prevalent, driven by high levels of debt liquidity and the entry of new market participants. Traditional bank debt, unitranche and term loan B products compete to provide the best financing solution on a deal by deal basis.
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2024
We’ll send you the latest insights and briefings tailored to your needs