In this edition of BDO’s ‘Private Equity in Perspective’ Report 2021, we deep-dive into the trends defining the Australasian PE cycle from fundraising and deployment to exits and returns, as well as examine the global PE landscape. We provide an outlook for 2022, outlining sectors likely to carry momentum from 2021, and the implications of broader macroeconomic factors.
The report also highlights the best performing sectors and includes commentary from Advent Partners, Potentia Capital, Livingbridge, as well as the National Leaders of Private Equity in BDO USA, and BDO UK.
Some of our key findings from the report are:
- Deals, dry powder, and returns remain elevated.
- Segmentation in the type of funds (away from traditional generalist funds) has increased over recent years as PE look to specialise in areas where they can improve fund returns.
- Rising inflation and knock-on interest rate rises may impact deals in the short to medium term. However, it is uncertain how big of an impact this will be, given that interest rates remain low.
- There is pent-up demand for succession plan exits via PE, with the finding that founders are approaching PE for exit opportunities earlier on in their business lifecycle.
Finally, discover the Top 5 deals of 2021, and an overview of PE deal volume, and value, by key global regions.