- Private Equity Review
“The portfolio fires are out but we are not out of the woods yet”
“We think we will do the same volume of deals as 2019, if not more” It feels like vendors are being more realistic on valuations”
“I’m hearing the term covid adjusted EBITA………”
**Data and analysis above courtesy of BDO’s Horizons report on global mid-market deal activity.
2020 started with high volumes of M&A transactions in the UK & Ireland, in line with 2019.
However, the fast spread of the COVID-19 virus has resulted in a drop in the volume and value of M&A activity in the UK & Ireland.
The total value of deals completed in H1 2020 was USD 17.4bn. Deal volume fell by 26% to 195 deals compared to the same period in 2019.
- Q2 2020 - Total M&A volume for the UK & Ireland was 72 deals, a 49% decline versus the same period in 2019. Looking at deal value, 23% of Q1 and 37% of Q2 overall deal values were PE-led
The pandemic will see the demise of companies in already troubled sectors, like casual dining. We are seeing winners in Tech, Infrastructure, Support Services, Pharma and some Consumer.
Osprey Clarke has a successful track record placing Permanent and Interim executives into Private Equity backed companies. Roles include:
- Board level CFO and direct reports
- Operations Directors
- Head of Human Resources
- Sales and Marketing Directors
- Chair and NED
Having trained as an Accountant, Phil began his recruitment career in the late 90’s. He has worked with companies of all shapes and sizes across the UK and Australia and currently heads the Osprey Clarke Private Equity Practice. Primarily focused on the mid-market, Phil loves working with dynamic investors and leadership teams, as they work together towards a value creating event.
philgrinhaff@ospreyclarke.com +44 (0) 7925 615366
