Private equity investment in Scotland’s mid-market businesses has surpassed pre-pandemic levels, after £2bn was spent in the first six months of 2022.
The latest KPMG analysis shows that 35 private equity deals worth £2.1bn were recorded in the six months to June - the largest half year number in the last five years and a 75% increase in volumes compared with the first half of 2019, when 20 deals worth £1.4bn took place.
Despite uncertainty caused by the ongoing conflict in Ukraine and the cost-of-living crisis, both volumes and value of mid-market investments in Scotland grew year on year by 46% and 100% respectively, with technology and life sciences the most in demand sectors.