Photo (left to right): Aliah Lalani, Managing Director, COO Diligence Services, John Sharpe, EVP Hilco Commercial Industrial, Tom Boniface, VP- Central US & Canada
Key Findings: Q3 2022
Q3 saw CAD $2.4B invested over 199 deals, totaling CAD $6.5B and 622 deals in the first 9 months of this year as Canadian PE activity resets to pre-pandemic levels.
The third quarter of 2022 saw CAD $896M invested across 144 deals, and YTD CAD $7.2B invested across 520 deals.
Canadian PE continues to provide much needed capital to SMEs - the engine of job creation in Canada
Canadian trends mirror the US in Q-o-Q drop in investment and the number of transactions by 40% and 24%, respectively, as a macroeconomic outlook remains uncertain with rising interest rates and inflation concerns.