The MBS Group is delighted to present our latest report, ‘Treading carefully: In-depth research and analysis charting cautious optimism for consumer assets amongst private equity funds’, a follow up to our 2020 whitepaper where we investigated the impact of covid-19 on appetite for the consumer sector. We were keen to revisit the topic amongst new macroeconomic and geopolitical challenges and so, conducted interviews with dozens of private funds throughout Europe, as well as portfolio Chairs and CEOs to gain a deeper understanding of this sentiment.
Our conversations confirmed that:
- The resilience of consumer spending, and the ultimate performance of consumer assets, is, arguably, being under-priced by private equity funds
- Different and new private equity investors are entering the European market, including several US funds which previously hadn’t made investments in the region
- There are no clear sub-sectors of consumer that are of particular interest across different PE funds; some sectors, such as hospitality and fashion have, however, been deprioritised
- Longer holds and slower exit routes are changing the way private equity funds are thinking about portfolio leadership in consumer assets
You can read the full publication here.
