A decent year in Europe
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European PE activity was stalwart in 2022, at least judging by year-end numbers. PitchBook’s European PE Breakdown paints a resilient picture, estimating small jumps in both deal flow and overall value. Our analysts are estimating a 13% bump in transactions and a 1% bump in value over 2021 levels. Quarterly figures aren’t as rosy, as deal value declined 32% between Q2 2022 and Q4 2022.