Private equity (PE) investments into the automobile and components segments has seen a slow down during 2016 till date, with the comparable period of last year. The exit deals have also seen a decline in terms of total exit value, according to data available.
Number of deals in the sector during the current year till date was five and value was worth only $8.11 million as against eight deals worth $110.56 million reported during January to August, 2015. Number of exits reported was five during the current year, worth $96.46 million as against three exits of $137.11 million, a year ago. According to VCCEdge data, the number of deals and the total investments in 2016 year to date indicates a slowdown in investments since 2013. The peak was in 2013, during January to August, total investment attracted by the sector was $534.24 million across seven deals, followed by 2015 during when the space attracted $110.56 million across eight deals.