PitchBook November 17, 2014
Canadian private equity is booming—its recovery from the financial crisis not only fully completed but a distant memory, judging from recent performance. The latest PitchBook report, which provides a detailed breakdown of key trends in the Canadian PE scene, can be found here. For the top five highlights gleaned from the report, click on the video above or cast an eye below.
The second and third quarters of this year saw C$11 million invested by PE firms in Canadian companies, making them the two largest quarters by capital invested since the financial crisis.
Deal flow has been very strong in Canada, with six of the last seven quarters coming in with more deals than seen even at the top of the market in 2008.
PE investors in Canada are following the same trends we have seen globally, with increases in the number of add-ons and minority investments.
Exit activity remains healthy, with 46 exits through 3Q totaling C$24 billion.
2014 is on track to be one of the best years ever for Canadian fundraising, with nine funds having raised a total of C$8 billion through 3Q.