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Acquisition and mergers on the rise

The UK mergers and acquisition market for mid-sized companies has picked up pace over the last quarter.

The BDO Private Companies Price Index, or PCPI, shows the number of deals, including those sealed using private equity funds, has increased by 27% in the three months to the end of September, the largest rise in a year. The prices paid for companies by trade buyers, such as other firms, has held steady in the third quarter but the price paid by private equity buyers has risen by 40% compared to the second quarter of 2011.