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PE industry invests heavily in research, development – BVCA report

13 Feb 2008

Private equity-backed companies continue to be a major driver of the UK economy, The Economic Impact of Private Equity in the UK report published by The British Private Equity and Venture Capital Association confirms. In the five years to 2006/2007, in private equity-backed companies, research and development expenditure increased by 14 per cent per annum, compared to a national growth rate of just one per cent per annum.

 

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