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Private Equity

Multiples soar as private equity’s appetite for tech hots up

The value of private equity dealmaking in the IT sector in Emea rocketed more than 200% in the first quarter

Multiples soar as private equity’s appetite for tech hots up

Buyout firms are paying more than 20 times earnings for software companies - double the average multiple - FN's sister publication Private Equity News reports.

Private equity firms did just over €8 billion worth of deals in the information technology sector in Europe, the Middle East and Africa during the first quarter, according to data from S&P Global Market Intelligence. This was 233% up year-on-year.

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