February 28th, 2019 / Insight posted in Articles

Growth Capital Update: 2018 eclipses 2017 record for UK growth equity

A staggering £2.3 billion of growth equity capital was invested across 511 deals in 2018, eclipsing the previous record of £1.7 billion across 416 deals in 2017. The year-end totals signify tremendous growth in equity deployment even as the wider M&A markets see a slowdown in the run-up to the UK’s withdrawal from the EU.

The strong year was driven by a phenomenal Q2 and Q3, which accounted for £715 million and £659 million respectively towards the year’s total. The first and fourth quarters were quiet in comparison, recording £481 million and £488 million respectively. The data is from analysis conducted by Kingston Smith Corporate Finance on UK private companies raising £1 million to £15 million each of growth equity capital.

Download our Growth Capital Review of 2018 report