The UK M&A market is gradually returning towards an “equilibrium” following significant dislocation over the past couple of years, DC Advisory managing director Amish Bakhai told PE Hub. We delve into more of his views on UK dealmaking – including GP-led secondaries and his favored subsectors – as our opening topic this morning.
Next, we have a financial software deal. Apax Partners-backed Fibonacci Group is acquiring an Italian consumer credit software business from Equinox.
I’ll finish with a call-out, as PE Hub’s Europe editor Craig McGlashan will be at the IPEM conference in Cannes this week.
Converging views
DC Advisory has started to see green shoots in UK M&A activity after a challenging 18-24 months since late 2022, managing director Amish Bakhai told PE Hub. Bakhai, based in London, is part of DC Advisory’s UK team.
For more of Bakhai's outlook, take a look at the premium Wire coverage here.
Adding on
Let’s move from the UK to Italy. Apax Partners-backed Fibonacci Group is acquiring Quid Group, a consumer credit software business, and its subsidiary Cabel, a core banking software and banking services provider, from Equinox.
To learn more, take a look at the full Wire coverage here.
Conference call
Before I sign off, I wanted to remind our readers that PE Hub’s Europe editor Craig McGlashan will be at the IPEM conference in Cannes this week. If you’d like to organize a chat with him, drop him a note at craig.m@pei.group.
That’s all from me this morning. MK Flynn will be with you later today with the US edition, and Craig McGlashan will write the Europe Wire tomorrow before heading off to France.
Cheers,
Nina
Read the full Wire commentary on PE Hub ...
