The BVCA, in association with EY, publishes an annual report on the performance of portfolio companies, a group of large, private equity owned UK businesses that met defined criteria at the time of acquisition. Its publication is one of the steps adopted by the private equity industry following the publication of guidelines by Sir David Walker in 2008 to improve transparency and disclosure, under the oversight of the
Private Equity Reporting Group (“PERG”).
The reports address many questions that various stakeholders may have on the impact of private equity ownership on large UK businesses, by presenting facts and benchmarks to provide answers. Each report is designed to be read stand-alone, summarising the accumulated data over previous years of reporting; it also contains comparisons to earlier year’s results and, for some measures, shows time series trends.