Private equity deal activity is now almost certain to slow as the credit crunch starts to bite
October 4 - Accountancy Age - The profession seems to have accepted that private equity deal activity, a major contributor to sustained double-digit growth at the large accounting firms over thelast three years, is now almost certain to slow as the credit crunch starts to bite.
An analysis of the top 100 private equity exits compiled by Ernst and Young showed that in 2006 the average enterprise value of a private equity business in Europe grew from $800m to $1.5bn at exit. Read More.
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