Our Nordic PE sector team shares insights on PE deal volumes in key sectors across the Nordics.
Key takeaways from Q1, 2023:
- Reported Nordic Buyout and VC deal volumes decreased slightly in Q1’23 compared to the previous quarter, but remained relatively solid level despite current market uncertainties
- Business Services continued as the most active sector for Buyout funds
- Four buyout and VC funds were closed in the Nordics during Q1/’23, with a total value estimated at €2.5bn - dry powder of these funds is estimated at €2.2bn at the end of Q1/’23
- Deal volume is expected to remain relatively low during Q1 ’23, impacted by high inflation rates, interest rate hikes, challenges in the banking sector, and continued declining consumer and business confidence
- Deal completion lead times are expected to remain relatively longer, as alignment of valuation expectations between sellers and buyers continues to be difficult
