Through the end of September, this year has seen a 23% decline in the total value of European private equity transactions relative to 2015. Even if that number is revised upward somewhat as more data is collected in the future, it's clear that amid the global slowdown in the buyout cycle, Europe remains no exception.
What's more interesting, however, is just how relatively resilient European buyout activity was until this most recent quarter. Sponsored by Merrill Corporation, PitchBook's 3Q 2016 European PE Breakdown delves into the underlying causes of this resilience, surveying not only industry-specific factors, but also the broader economic and investment context. The report also includes: