PE/VC deal value up by 52%, volume up by 31% in March

Canadian pension funds manifested in high deal numbers in March quarter

During the month of March, private equity and venture capital (PE/VC) deal value rose by 52 per cent, and 31 per cent by volume, over March 2016.

PE/VC entities invested around $2.6 billion across 60 deals during March. Deal activity had fallen to a three-year low of $400 million across 32 deals in February. Canadian pension funds have been actively pursuing deals in India over recent quarters and that manifested in the high deal numbers over the quarter.

Compared to the previous month, while deal volume almost doubled, the value grew by 6.5 times in March, according to consultancy EY.

The growth in