UK bankruptcies rise in 2007

The number of companies being exited into receivership rose to it highest level in four years as the average value of buyout firm exits dropped by slightly more than 25 percent.

The number of UK buyouts which were exited into receivership in 2007 rose to its highest number since 2003, according to the Centre for Management Buyout Research.

The number of exits into receivership rose from 71 in 2006 to 106 in 2007. The rise in private equity-backed company bankruptcies was combined with fall in the average value of private equity exits from £26.9

Share this