Key Findings: Q3 2022

PE: Investors taking a cautious approach in deploying capital in Q3 and into 2023

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.

VC: Investment normalizes from 2021 and returns 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.

PE: 86% of all disclosed PE transactions were under CAD $25M YTD Q3 2022

Canadian PE continues to provide much needed capital to SMEs - the engine of job creation in Canada

VC: Canadian trends mirror the US

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.

Private Equity Investors Cutting More but Smaller Cheques Amid Continued Economic Uncertainty