Analysis by KPMG shows that private equity firms completed 889 UK transactions in 2020, with these worth a combined £87.2bn. This marks a 26% dip on 2019’s total. Jonathan Boyers of KPMG commented: “Once the initial shock of lockdown had worn off, and after a number of years of hesitancy caused by Brexit, general elections and broader international uncertainty, we saw a renewed urgency amongst private equity investors to get deals done.” He added that there are no signs that the latest lockdown is “quelling momentum”, going on to suggest that concerns over capital gains tax changes could contribute to a rise in deal-making
Read more: Daily Mail
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