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Deals Update: Disappointing week for global deal flow30/04/2003. Source: AltAssets. 
 Global deal flow continued to slide in the latest week, with US transaction activity in particular dropping off sharply, according to data from AltAssets.
This week there were 71 active investors in 31 deals compared with 133 investors in 47 deals last week. The US recorded just 20 deals compared with 39 the previous week. Europe recorded 11 deals, a slight drop from 13 the previous week.
All US deal flow was venture-based with no buy-out activity recorded at all this week. European venture capital also outpaced European buy-out deals by eight to three.
Technology and software were the most active sectors in both Europe and the US, accounting for a combined eight and nine deals respectively.
Exits remain scarce on both sides of the Atlantic, with two successful divestments recorded in the US and just one in Europe.
One of the most significant acquisitions of the week saw Nordic firm EQT buy TeliSonera's cable television business for E236m as cable television companies are proving increasingly popular with European private equity firms.
Copyright © 2003 AltAssets
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