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A SURVEY that monitors Irish trade sales, buyouts and acquisitions has found that the number of deals recorded in the last quarter fell by 23.2pc compared to last year.

The research, by Investec Corporate Finance (ICF), showed that there were 43 such deals between July and September – compared to 56 in the same period of 2012.

The value of the deals during the quarter was €6,272m, compared to €8,559m in the second quarter of this year.

However despite the falling number of deals recorded in the last quarter of 2013, the value of the deals has increased considerably compared to the €2,478m between July and September 2012.

Jonathan Simmons, director of ICF, said that the preferred measure of activity was deal volume, rather than deal value.