Czech Private Equity & Venture Capital Association
2013 Activity Report
Private Equity takes advantage of market recovery
2013 may go down as the year that saw the market recover from its prolonged downturn. CEE and indeed the Czech Republic were a part of a wider Eurozone recovery, with growth rates back in black, according to OECD figures.
Valuations are improving and debt markets are liquid, meaning capital is able to flow. However, liquidity in the leverage field combined with strategic players’ reluctance to buy meant last year was another strong one for recapitalisations and secondaries.