Private equity plays to its strengths, despite pandemic challenges

Although it has traditionally been the quietest period for deals, many Scottish advisers won’t have strayed too far away from being able to jump on a Zoom or Teams call this summer.

With much of the negotiating and finalising of transactions now being handled virtually, a quick and productive online meeting will have helped get many deals over the line during what was a busy third quarter.

The period saw the announcement of some of 2021’s largest deals so far, including energy giant SSE’s £1.2bn disposal of its 33.3% stake in gas distribution operator Scotia Gas Networks.

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