Québec sees less VC invested, more large-cap PE deals in 2014's first half

Venture capital invested in Québec declined in the first half of 2014, due primarily to the presence of more small-sized, early-stage financings, reports Réseau Capital in partnership with Thomson Reuters. A total of $161 million was invested at the end of June, down 58 percent from the first half of 2013. Early-stage companies took an above-average share of disbursements in this period. At the same time, buyout and related private equity transactions accounted for a disclosed $2.9 billion invested in Québec in the first half, an amount that already exceeds the $2.5 billion invested during the whole of 2013. Large-cap deals drove dollar flows, however; deals sized $10 million or less made up 61 percent of the total.

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