Accountancy may not have a reputation as the most exciting industry in the world but try telling that to private equity. The sector’s stable and recurring revenues are just what GPs like, and that’s been reflected in the number of deals we’ve seen in the sector lately.
We’ve got another deal to report this morning, as Cinven agrees to buy a majority stake in Grant Thornton UK, which gives us the chance to round-up some of the other recent activity in the sector.
