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The exit poll

The private equity industry has stood up comparatively well in the face of tough economic conditions. Yet the spotlight has definitely fallen on the exit, with investors concerned about liquidity options in a hostile environment. RSM Robson Rhodes reveals the exit trends for mid-market private equity firms in 2002 compared to the year before.

The survey finds that secondary buy-outs are gaining momentum, with a nine per cent rise on the previous year. It is good news for private equity investors seeking to exit portfolio companies in a weak M&A market. The whole exit market was characterised by the rise in number of multi-million pound realisations, a trend that is expected to continue throughout 2003.

Copyright © 2003 RSM Robson Rhodes

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RSM Robson Rhodes is a UK partnership of chartered accountants and management consultants. The firm is the UK member of RSM International, the world's sixth largest international organisation of accountants and business advisors. It is active across the public and private sectors, providing a wide range of advisory and compliance services. It works with and on behalf of many regulatory and governmental bodies, for commercial and not-for-profit organisations and with individuals to help them achieve their objectives. For more information please visit www.rsmi.co.uk