Foreign buyout firms drive Canada private equity deals to new high: Reuters
Foreign buyout firms chasing Canadian assets helped push private equity activity to a record high in the first half of 2017, and lawyers and fund managers say the trend is likely to continue through the rest of the year, Reuters reported. Deal values jumped 55 per cent in the first half from a year ago to $14.6-billion, an all-time high, according to data released by Thomson Reuters. About 38 percent of the buyout deals targeting Canadian companies had a foreign lead investor. Meanwhile, venture capital investment in Canadian technology companies hit a 16-year high in the first half, rising 18 per cent to $2.1-billion. It was the best first half since 2001.
2 August 2017•2 mins read
