Women entrepreneurs are achieving 25 per cent lower valuations than their male peers when exiting their businesses, according to new research unveiled by Evelyn Partners at its No Diversity, No Deal event in Glasgow.
The preliminary findings, drawn from Evelyn Partners’ upcoming Next Exit report, reveal that male business owners secured an average of £5.2 million at exit compared to £3.9 million for female founders. The report will be published in full in October.
Business leaders, investors and advisers gathered at The Ivy on Buchanan Street to discuss the figures at the biannual event, hosted by Evelyn Partners alongside executive search firm Livingston James and supported by KPMG in Scotland.
Alison Fitzsimons, Head of Entrepreneurs Business Development at Evelyn Partners, said the valuation gap was “disappointing but not surprising.”
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