The amount of private equity and venture capital invested into UK firms has risen to an all-time high, according to new research.
The British Private Equity and Venture Capital Association (BVCA) - which looked at the economic contributions of more than 200 of its members - found that the total amount invested across all stages of the business life cycle, from venture to buyout, grew by more than 80% in 2021 to £17.3bn. The contribution of growth capital rose by 75% to £3.89bn.
In Wales some 39 firms, employing more than 2,500, secured investment totally £180m - around 1% of the UK total. The vast majority of firms securing equity investment in Wales were SMEs (92%), which was in line with the UK as whole.