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TMT to benefit from Brexit slowdown in consumer-related sectors
Strong increase in public-to-private transactions
Supply and demand imbalance throughout the TMT sector
With [euro]112 billion in European exit value, 2017 marks the fourth consecutive year private equity exits exceeded the [euro]100 billion mark, according to recent data from the CMBOR at Imperial College Business School, sponsored by Equistone and Investec. Regional and global factors mean that the telecoms, media and technology sector, which accounted for 15% of this value, is set to benefit from a shift in interest toward high-growth, tech-enabled segments.
S&P Global Market Intelligence spoke with Christian Hess, head of the financial sponsor transaction group at international specialist banking and asset management group Investec, to discuss the private equity outlook for the TMT sector in the year ahead.
S&P Global Market Intelligence: What is your outlook for the TMT private equity landscape in the year ahead, both globally and for the European market?
Christian Hess, head of the financial sponsor transaction group at InvestecSource: Investec
Christian Hess: What everyone wants going forward -- and really this is no different to the past three decades...