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Deals update: European deal flow slows over Easter break

Short working weeks and Easter holidays took their toll on European deal flow with the volume of private equity investments falling slightly from the previous week, according to AltAssets deals data.

Europe recorded just eight deals in the week ending April 22nd compared with 13 deals in the previous week. In contrast US transaction pace picked up marginally with 39 recorded deals compared with 35. Exits remained scarce with just two European disposals and none in the US.

Manufacturing was the busiest European sector accounting for three of the eight recorded deals. Healthcare and life sciences accounted for two.

In the US technology, wireless and healthcare and life sciences remained strong sectors but software was by far the most active sector accounting for 12 deals.

A total of 133 investors were involved in the weeks deal activity. The largest transaction was the $1.1bn buy-out of Williams Energy Partners by US Carlyle and Madison Dearborn Partners.

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