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Private Equity

Brexit gloom could turn to boom for buyout firms

Deals are being shelved, but falling valuations and currency movements could yet play to private equity's advantage

Yes, no, maybe: Odeon cinema chain has been sold, Park Holidays sale was shelved and the Hollywood Bowl bowling chain deal has been pushed back
Yes, no, maybe: Odeon cinema chain has been sold, Park Holidays sale was shelved and the Hollywood Bowl bowling chain deal has been pushed back Photo: Photos (L-R): Getty Images, Park Holidays UK, Alamy

Over the short term, economic uncertainty following the UK’s vote to leave the European Union has certainly been detrimental to the private equity industry. But the situation could soon turn in their favour, according to market advisers.

Private equity dealmaking fell to a seven-year low across Europe in the period between 24 June and August 2, according to data provider Dealogic.

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