Private equity investments hit an all time high of $ 21 billion in 2017, recording a 54 % jump in value terms over last year, largely driven by big-ticket transactions,
According to assurance, tax and advisory firm Grant Thornton, the year 2017 was a milestone year for PE investments as 735 transactions were announced.
The significant rise in PE deal values in 2017, despite a 24 % decline in number of deals over 2016, signals the revival of big-ticket investments and larger stake acquisitions.
In 2017, there were six investments worth over $ 500 million, compared tothree in 2016.
“On the reforms and regulatory front, 2017 was an action-packed year with various initiatives aimed at driving economic stability. said Harish HV, Partner — India Leadership team, Grant Thornton India LLP.
2018 is expected to surpass 2017 in terms of deal activity and overall investment sentiments.When it comes to trends in sector-wise PE investment, e-commerce witnessed the largest year-on-year jump in 2017 with $ 6 billion worth of investments from 33 deals.
Apart from e-commerce, the other sectors which witnessed increased investments in 2017 were start-ups, banking and financial services, real estate, and IT/ITeS.
The report further noted that 2017 also saw a surge in IPO activity with 37 issues aggregating over $ 10.7 billion, recording almost three times the IPO values of 2016 and most issues witnessing significant over subscriptions.
Many of the successful IPOs during the year provided a smooth exit for PE funds which is further expected to accelerate PE investments this year. The top four IPOs, all in the insurance sector, accounted for 55 % of overall IPO equity raised.
The report focused on PE/VC industry in India and was produced in association with Indian Private Equity and Venture Capital Association (IVCA).
According to assurance, tax and advisory firm Grant Thornton, the year 2017 was a milestone year for PE investments as 735 transactions were announced.
The significant rise in PE deal values in 2017, despite a 24 % decline in number of deals over 2016, signals the revival of big-ticket investments and larger stake acquisitions.
In 2017, there were six investments worth over $ 500 million, compared tothree in 2016.
“On the reforms and regulatory front, 2017 was an action-packed year with various initiatives aimed at driving economic stability. said Harish HV, Partner — India Leadership team, Grant Thornton India LLP.
2018 is expected to surpass 2017 in terms of deal activity and overall investment sentiments.When it comes to trends in sector-wise PE investment, e-commerce witnessed the largest year-on-year jump in 2017 with $ 6 billion worth of investments from 33 deals.
Apart from e-commerce, the other sectors which witnessed increased investments in 2017 were start-ups, banking and financial services, real estate, and IT/ITeS.
The report further noted that 2017 also saw a surge in IPO activity with 37 issues aggregating over $ 10.7 billion, recording almost three times the IPO values of 2016 and most issues witnessing significant over subscriptions.
Many of the successful IPOs during the year provided a smooth exit for PE funds which is further expected to accelerate PE investments this year. The top four IPOs, all in the insurance sector, accounted for 55 % of overall IPO equity raised.
The report focused on PE/VC industry in India and was produced in association with Indian Private Equity and Venture Capital Association (IVCA).
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