Another Brexit Coup.

 Rachel Hagan

Clean sweep for Brexit Britain as European business surges 80% – City of London victory

UK private equity firms have shrugged off Brexit concerns and nearly doubled their acquisitions of corporations on the continents last year compared to 2020, new data has revealed.

According to research from the independent financial consulting firm Accuracy, acquisitions rose from 245 in 2020 to 442 in 2021.

This is an increase of 80 percent with 50 percent more deals made in the latter half of 2021.

Accuracy partner Charlene Burridge told City A.M. that investment remains “attractive” on the continent despite fears that Brexit would “stifle” business there.

She said: “UK private equity acquisitions of European companies bounced back sharply in 2021 as firms made up for time lost during the pandemic.

“Despite fears that regulatory and legal changes stemming from Brexit would stifle deal making, European corporates remain attractive investment opportunities for UK private equity firms.”