Year-to-date European PE activity (non-venture) has not maintained the same deal flow momentum as last year. Thus far in 2015, 685 deals have been completed, compared to 753 in the same period of 2014, a decline of roughly 9%. While total deal flow has slowed, B2B has generated increasing interest in the region, accounting for approximately 4% more of European buyout/growth deals in 2015 than last year. One potential reason for the overall drop in activity could simply be an inability to keep pace with what was a record 2014, which logged the highest amount of deals (1,860) over the past decade. On a quarterly basis, 2Q 2014 clocked 525 deals, the second highest European quarterly deal count since 2005; 1Q 2008 recorded 552.
Top buyout/growth investors in Europe since the start of 2014 and their deal counts (incl. add-ons):