Accountancy giant KPMG has reported a surge in revenues at its European private equity division, after picking up advisory roles on some of the region's most high-profile deals this year.

KPMG Europe said in a statement released today that revenues from private equity rose 20% in the year to September 30, to €130m. The firm advised on deals including KKR's £955m acquisition of UK retailer Pets at Home, and Bridgepoint's £281m purchase of UK health and social care company Care UK.