THE heat may be fading from the private equity market but bolt-on acquisitions look set to rise.

Research by BDO Stoy Hayward Corporate Finance shows that 96% of private equity investors believe that the credit crunch has resulted in the industry reducing the prices it will pay for businesses.

However, investors are divided on how far valuations have fallen, which is contributing to uncertainty on pricing in the ......for the full story register now for free or login below...