The Lyceum Capital and Cass Business School UK Growth Buyout Dashboard is reporting strong investor appetite in the SME deal space. Q3 2016 figures from the index shows that 26 deals were completed during the period, with a cumulative value of £983m. The figures build on a healthy previous quarter, and the two have combined to deliver the best six month performance since H1 2008.
‘UK has a deep pool of entrepreneurial talent’
Andrew Aylwin, partner at Lyceum Capital, said: “The last six months have been the strongest we have seen in recent history, both in terms of volume and aggregate value.
With sterling’s recent drop and the UK lower mid-market being the most active and liquid buy-out market in Europe, it is no surprise that international buyers have actively taken advantage of these new opportunities – both of Lyceum’s exits in the quarter were to international strategic buyers.
With the UK’s deep pool of entrepreneurial talent and excellent managers leading business growth, we are confident that liquidity will remain strong and the market will continue to be ripe with opportunities for both local and overseas players.”