After hitting an all-time high in summer 2007, in October our Private Equity Confidence Index saw an expected downturn with sentiments following activity and market conditions corresponding with global developments in major Private Equity markets.
Global Mergers & Acquisitions activity exceeded its 2006 annual figure of USD 3.55 trillion by the end of October 2007, but deals activity was significantly depressed by financial market developments during late summer. This is confirmed by the findings of Deloitte’s latest Central European Private Equity Confidence Survey. Major investments in the third quarter 2007| Company | PE House | Date | Value* | Stake |
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| CertAsig | Royalton Partners | December | n/a | 95% | | Gulliver Group | KBC Private Equity | December | n/a | n/a | | Provus Service Provider SA | Turkven Private Equity | December | n/a | 70% | | GTS Central Europe | Columbia Capital, M/C Venture Partners, Innova Capital | December | n/a | n/a | | STD Slovakia, s.r.o. and Donivo MKD, s.r.o. | Enterprise Investors | December | 23,0 | 75% | | Tesla, a.s. | Kilcullen Kapital Partners | December | n/a | 97% | | KAI Group | Advent International | December | n/a | 70% | | Gaz Sud S.A. | PPF Investments | December | n/a | 100% | | NetCentrum | Warburg Pincus | December | n/a | n/a | | *) In millions of EUR | Key findings- Confidence decreased in line with global markets
- Economic climate and availability of debt finance reached all time lows
- Market activity, size of transactions and focus of investors’ expectations remain the same
- Lower amount of new funds and syndicated deals should be expected in the next six months
About the survey.jpg) Deloitte’s Central European Private Equity Confidence Survey reflects the expectations of private equity professionals focusing on Central Europe. The survey has been conducted twice a year since March 2003 and the results are based on questionnaires sent to professionals in private equity firms covering the following Central European countries: Estonia, Lithuania, Latvia, Poland, Czech Republic, Slovakia, Hungary, Romania, Moldova, Bulgaria, Macedonia, Slovenia, Croatia, Bosnia & Herzegovina, Serbia, Montenegro, and Albania. Previous reports
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