European private equity activity is pacing slower, but estimates reveal total deal value could near €202 billion in 1H. With a surplus of dry powder and political uncertainty waning, is it too soon to say the future looks bright for the European PE scene?
PitchBook research analysts say it isn't too soon at all. Their reasoning is laid out in the 2Q 2017 European PE Breakdown, with key points including:
€195 billion in dry powder will only continue to exert an upward pressure on activity, while fundraising is set to outpace 2007
Continued irresolution of Brexit's particulars hasn't deterred PE shops from continuing to stay active in the UK
Positive sentiment around the continent's economic prospects seems to be on the upswing
Analyze the datasets and pore over our analysts' conclusions in the full report, sponsored by Merrill Corporation and available below for free: