The Deloitte Alternative Lender Deal Tracker now covers 60 leading Alternative Lenders, with whom we track primary mid-market deals across Europe.
The seventeenth issue covers data for the third quarter of 2017 that closed with 95 deals completing, representing a 15% increase in deal flow on a last 12 months basis in comparison with the previous year.
Key highlights
- Significant increase in direct lending recorded with a 34% growth compared to Q3 in 2016. 95 deals completed in Q3 this year vs. 71 in Q3 last year
- The UK remains the biggest Direct Lending market, growing 35% for the last 12 months as compared to the previous year
- Within Europe the Business, Infrastructure & Professional Services (BIPS) industry continues to be the dominant user of Alternative Lending with 21% followed by Healthcare with 15%
- 2017 has been a strong bounce back for Direct Lending fundraising with $14.7bn raised to end of Q3 2017 in Europe
- The Eurozone economy continues to grow strongly, with 2.5% GDP increase in the last year, the fastest growth rate since the global financial crisis
- Institutional Investors are increasingly going direct, building their own in-house team
To view the full report please click here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.