(By Anthony Miller – Wednesday 19th August 2009 7:15am). After a disastrous drop in UK PE/VC tech investment last quarter, new figures out today from our friends at Ascendant show aggregate investment at £129m, 13% higher than Q1 but 36% down yoy. Ascendant CEO, Stuart McKnight, said that the big deal market had all but collapsed, but the low end was still holding up. As usual, we will be doing a fuller analysis in the next issue of TechMarketView IndustryViews Private Equity, out soon.
Wednesday, 19 August 2009
Rise in UK PE-VC tech investment driven by small deals
(By Anthony Miller – Wednesday 19th August 2009 7:15am). After a disastrous drop in UK PE/VC tech investment last quarter, new figures out today from our friends at Ascendant show aggregate investment at £129m, 13% higher than Q1 but 36% down yoy. Ascendant CEO, Stuart McKnight, said that the big deal market had all but collapsed, but the low end was still holding up. As usual, we will be doing a fuller analysis in the next issue of TechMarketView IndustryViews Private Equity, out soon.
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