News Digest:

Private equity is increasingly keen on investing in the software sector, with respondents to a survey carried out by Adams Street showing a 5% year-on-year jump in inclination to do so.

Takeaway:

In contrast, industry players signalled reduced appetite for telecommunication and travel and hospitality, with 10% fewer investors planning to put capital to work in the former and 6% in the latter.

End Notes

Source: https://www.themiddlemarket.com/news-analysis/private-equity-place-bets-on-software-as-telecom-loses-favor