Numis: Large private companies to target growth over profits in 2022

Technology and new market expansion

Senior executives at private companies with average valuations of more than $500m are prioritising growth over profits in 2022, according to a recent survey of 200 executives carried out by Numis.

Up to 80% of respondents said they would focus on plans to grow their business over their bottom line during the next 12 months, with the overwhelming majority of executives (87%) citing capital raising as a means to fund growth. Three quarters said they hoped to raise at least $100m. Will booming private markets lead to success for private equity trusts? "Emerging from an incredibly active 2021 - with a record volume of transactions, increasing deal sizes and an unprecedented number of ‘mega-rounds' - private markets continue to evolve rapidly," said Alex Ham, Numis co-CEO. "Wh...