Volume of mid-market PE deals in the UK 2023, by sector
Bolt-on deals represented the majority of investments in mid-market private equity in the UK in 2023, accounting for 65% of deals by volume. These deals aim to deliver growth in an existing business by buying out a competitor or complementary business in the same or adjacent industry. Minority deals accounted for 13 percent of PE deal volume in the UK in 2023.
The source classifies mid-market transactions as deals with a value varying between ten and 300 million British pounds.