The first quarter of 2021 was a blockbuster quarter for PE deals. Despite the challenges presented by the COVID-19 pandemic, strong numbers indicate the ability of PE firms to seamlessly deploy capital in the “new normal.” Our latest research dives into the topics that are top of mind for PE executives right now.
1. PE deal activity in Q1 was the highest of any quarter in the past decade.
After 2020 saw limited activity in the first half followed by a strong resurgence in the second half, private equity (PE) entered 2021 on a strong wave of activity. Announced deals were valued at US$261b in 1Q21, the highest since 2Q07, and more than double 1Q20.
The Asia-Pacific (APAC) region continued to outperform in the first quarter: deal value increased 172% while the number of deals was effectively flat. The Americas also witnessed strong growth, with deal value increasing by 137% versus 1Q of last year. EMEA also witnessed a 65% increase in deal value during 1Q21 as the number of deals grew by 14%.