Private Equity Markets In Canada: 2013 Breakdown, 2014 Outlook

Canada experienced solid private equity deal activity throughout 2013. While there was marginal growth in deal volume from 2012 to 2013 (see Graph 1.1), the year ended with more announced deals than any other quarter since 2011 (see Graph 1.2). With deal volume in the Canadian private equity markets now practically at the volume level seen in 2007 before the onset of the financial crisis, we see a promising private equity environment in Canada for 2014.

This review of some of the latest developments in Canada's private equity markets covers several noteworthy highlights, including the rise of financial buyers as M&A players, Canada as a continuing destination for international investment, and new indemnification trends in private purchase agreements—all of which have helped set the stage for Canadian deal-making dynamics in 2014.