Our analysis is based on in-depth face-to-face interviews with private equity backed companies across a wide range of industry sectors. For the fourth year running we have increased our survey sample size to allow us to gain further insights into the trends shaping private equity portfolio companies. Key findings: Flexibility...
A surge in private equity-backed company initial public offerings during March 2013 may be the first signs of a recovery in the European IPO market. PwC’s IPO Watch Europe Q1 2013 report found that activity for the quarter rose by almost 40% from €2.3bn to €3.2bn, compared to Q1 2012....
Commenting on news that the Government is still considering whether to treat REITs like other institutional investors, Phil Luckett, Real Estate expert at PwC, said: “The Government should be encouraged to treat REITs like other institutional investors. REITs were introduced in the heady days of 2007, when debt was readily...
Update: PwC announces completion of the deal to save iconic London Taxi cab manufacturer PwC announces the completion of a deal to sell the principal assets and trade of Coventry based London Taxi Company, manufacturer of the iconic London Black Cab. The acquisition is made by Geely UK Limited a...
The administrators of The Jessop Group Limited, have announced the sale of the brand and certain assets. Rob Hunt, joint administrator and PwC partner, said: "We can confirm that we have sold the brand and certain other assets to a number of buyers including entrepreneur Peter Jones CBE." Edward Williams,...
Commenting on the Government’s expected state pension reforms, Steve Blackmore, pensions director at PwC, said: “Greater simplicity and certainty on the state pension has to be good news for savers and pensioners. This will give people comfort about the base level of state pension they will receive, allowing them to...
The value of IPOs in Europe increased by more than seven-fold year on year in the fourth quarter of 2012, making it the strongest performance since Q3 2011, which saw 121 IPOs raise €9.3bn. 70 IPOs raised €7.5bn in Q4 2012 compared with 78 IPOs raising €0.9bn in Q4 2011,...
Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited (Jessops or the Company) on 9 January 2013. Rob Hunt, joint administrator and partner PwC said: "Since my appointment, we have reviewed the position of the business and held extensive discussions with...
Six shops were closed post-Christmas, prior to the appointment of the administrators. These are Torquay (4), Tamworth (4), Weston super Mare (5), Wolverhampton (8), Hereford (6)and Walsall (4). The number of jobs affected by these closures is given in brackets after each one. No decisions have yet been taken regarding...
See more on where pockets of opportunity for economic growth are bubbling up in 2013.