Data company Beauhurst has published a report on United Kingdom equity investment activity for the month of May and apparently it is a record breaker. For this past month, 74 deals valued at over £270 million has “surpassed all records for recent years”.
Beauhurst, which began keeping records only in 2010, believes that Q2 will be the most active quarter since they began monitoring the sector. Recently there have been a slew of data points coming from the UK indicating the economy is on a clear path to a substantial recovery. While some sectors continue to struggle, it is a truism that a “rising tide lifts all boats”.
Beauhurst’s information indicates that over 50% of the deals completed were by non- tech companies something in their opinion points to a broad based economic recovery. Over half of the deals – by both number and amount of investment – were London based. Over £120 million was invested in 33 London companies – effectively one deal per day. Beauhursts summary information did not differentiate between types of offerings so it was inconclusive as to the degree equity crowdfunding played a role.
