"The prediction we made at the end of a challenging 2023 that there would be increased transactional activity in the Private Equity (PE) market in 2024 proved accurate.
2024 has seen a sustained increase in levels of PE transactional activity with the Mishcon PE team acting on a number of high-profile deals. Notable examples include advising the management team of Care UK on the exit by Bridgepoint and advising the management team of Corndel on its sale to Galileo Global Education (with the Mishcon PE team previously acting for the management team on its sale to THI in December 2020).
The Autumn Budget brought smaller than anticipated increases to CGT rates and so confidence remains that transactional activity will continue to increase throughout 2025. However, caution remains due to the expectation for interest rates to reduce at a slower rate than previously anticipated and for businesses to manage significant increases in National Insurance."
James Paterson, Partner in the Private Equity team