The volume of deals completed during the first nine months of 2011 in the mid-market is significantly up on last year according to Cass Business School, who research the UK Buy-out market.

The data showed that there was 63 transactions completed between 1 January 2011 and 30 September 2011 compared to 50 transactions in the same period last year and just 25 in 2009.

The combined deal value of £785 million compares to £698 million in 2010 and this is an encouraging sign for the private equity market.