On your marks - pick your winners22 Dec 2023 08:55
Rivate equity firms are predicting a busy first two months of deals next year
Private equity firms have been lining up London lawyers and floating “teasers” to the market in recent weeks ahead of an expected deals frenzy in the first quarter of next year, insiders have told City A.M.
Top deals lawyers in the Square Mile say they have seen a flurry of interest from private equity [PE] houses through December, who are looking to audition potential advisors before a rush of demand at the start of 2024.
Companies looking to sell are also floating “teasers” to the market to give potential buyers time to size up assets and do their due diligence ahead of a busy market in January, Christopher Sullivan, a partner at Clifford Chance said.