By portfolio company geography

Employment & job creation

By portfolio company geography

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European job creation 2022-23

Table_CEE
Table_DACH
Table_France and Benelux_250320
Table_Nordics_250320
Table_SE_250320
Table_UK and Ireland_250320

* Bosnia - Herzegovina, Croatia, Macedonia, Moldova, Montenegro, Serbia, Slovakia, Slovenia

**Cyprus, Iceland, Liechtenstein, Malta, San Marino, Vatican City

 
 

How does private equity support jobs across regional areas?

Wherever companies have potential, private equity can help supercharge their growth. As our research shows, private equity fuels expansion and employment in large, developed metropolitan areas, and in emerging cities and regions alike.

Employment

France & Benelux was the largest region for private equity-backed jobs. With almost 4.2 million people employed, the region accounts for about 37% of all private equity-backed jobs in European companies. The Île-de-France region accounts for just over 1.5 million private equity-backed jobs, making it the largest region in terms of private equity-backed company employment. With almost 2.6 million people employed by private equity-backed companies, the UK & Ireland was the second most important region. The region accounts for 23% of private equity-backed European company jobs. The DACH region follows with 1.8 million jobs, representing 16% of the total. 

 
 

Top regional employment 2023

By region and sub-region

Top_Regional_France_Reportl_736x480_250320_1
th_France_square
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Top_Regional_UK-Ireland_Reportl_736x480_250420
th_London_square
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Top_Regional_Dach_Reportl_736x480_250420
th_Bavaria
Top_Regional_Dach_Reportl_736x480_2_250320
Top_Regional_SE_Reportl_Employment_736x480_250420
th_madrid
Top_Regional_SE_Reportl_Employment_2_736x480_250320
Top_Regional_Nordics_Reportl_Employment_736x480_250420
th_Stockholm
Top_Regional_Nordics_Reportl_Employment_2_736x480_250320
Top_Regional_CEE_Reportl_Employment_736x480_250420
th_Mazowieckie
Top_Regional_CEE_Reportl_Employment_2_736x480_250320
 

Job creation

Private equity supports job creation in all areas of Europe. This analysis identifies Europe’s job creation hotspots, where private equity-backed companies achieved the most growth.

By location of portfolio companies, Southern Europe region was the one with the highest growth rate: 8.4% in 2023. This was followed by the Nordics, with 5.6%. These two regions were the ones with the highest percentage growth last year too.

France & Benelux saw the highest net job creation in terms of totals, with almost 112,000 jobs created in 2023. This analysis reveals that private equity support is continuing to drive job creation growth at businesses across Europe, with some regions seeing significant levels of employment increases during the year.


Icon_Plus sign_200px_Blue4See Multi-year trend section for more context on job growth over longer periods of time per region

+5%

private equity job creation
for all regions in 2023

vs.

+1%

overall European market’s
growth in 2023
Source: Eurostat / UK ONS

 
 

Note: Analysis excludes those sub-regions with less than 10 companies and less than 100 employees in 2023.

 
 

Top regional job creation 2022-23

By region and sub-region

Top_Regional_SE_Reportl_Job creation_736x480_250411
th_Valencian-Community
Top_Regional_SE_Reportl_Job creation_2_736x480_250320
Top_Regional_Nordics_Reportl_Job creation_736x480_250411
th_Akershus
Top_Regional_Nordics_Reportl_Job creation_2_736x480_250411
Top_Regional_CEE_Reportl_Job creation_736x480_250320
th_Southern Transdanubia
Top_Regional_CEE_Reportl_Job creation_2_736x480_250320
Top_Regional_Dach_Reportl_Job creation_736x480_250320
th_Thuringia
Top_Regional_Dach_Reportl_Job creation_2_736x480_250320
Top_Regional_UK-Ireland_Reportl_Job-creation_736x480_250416-01
th_Munster
Top_Regional_UK-Ireland_Reportl_Job creation_2_736x480_250416-01
Top_Regional_France_Reportl_Job creation_736x480_250313
th_Burgundy_square
Top_Regional_France_Reportl_Job creation_2_736x480_250404
 

Employment & job creation – cross border

By investment firm and portfolio company geography

In the graphic below, we proportionally display cross border employment by location of private equity firms and portfolio companies. This demonstrates the jobs backed by private equity in a specific region, domestically and abroad.

Crossborder_Reportl_1110_digital_250408_animated