In value terms, private equity deal activity increased by 12% in Q1 2023 compared with the previous quarter’s total of $2.6bn and fell by 90% as compared to Q1 2022. Related deal volume decreased by 8% in Q1 2023 versus the previous quarter and was 30% lower than in Q1 2022.
Notably, foreign direct investments (fdi)-related deals accounted for a 20% share of the global business & consumer services industryâ€™s private equity deal activity in Q1 2023, up 25% over the previous quarter.
The top-ranked financial advisors supporting these private equity deals in Q1 2023 were Houlihan Lokey; PricewaterhouseCoopers International; Rothschild & Co with 7, 4, 4 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q1 2023 were Kirkland & Ellis; Jones Day; Squire Patton Boggs (US) with 11, 6, 3 deals respectively.
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