In selecting a winner for evcj’s private equity accountancy firm of the year awards for 2001, an emphasis was placed on firms’ European commitment to private equity. The number of
MBOs advised on during 2001 was also considered, including advisory work for investing institutions and for management teams, the number of partners and associates dedicated to private equity and those dedicated to private equity transaction support. Geographic reach of the private equity practice as well as how much the private equity practice had grown in the last year, both by deal activity and personnel were taken into account.
Winner of evcj’s private equity accountancy firm of the year for 2001 is PricewaterhouseCoopers, which displayed strength across the board in spite of difficult market conditions.
The firm increased its market share in Europe from 3.2 per cent to 11 per cent, according to Thomson Financial (Securities Data). PricewaterhouseCoopers Transaction Services worked on four of the largest European private equity deals in 2001 including Yell, Homebase, CenterParcs and Britax. Last year, the firm invested in an advisory board of senior industry professionals to further enhance industry expertise and also launched a technology centre of excellence Menlo Park Europe – dedicated to providing clients and investors with a European analysis of global technology trends and developments.