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Intelligence for
decision-makers.

Briefings written by the partners who negotiate these markets — not summaries of other people's research.

Financial district skyline at dusk

Mid-Market M&A at Mid-Year: €412 Billion of Dry Powder Meets a Seller's Preparation Problem

Record sector deal values, selective buyers and a moving exit backlog — what the first half of 2026 told us across all eight sectors we cover.

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What Buyers Pay For Now: Five Quality Markers Across Eight Sectors

The same five markers keep deciding valuations in every sector we cover. Owners planning an exit should treat them as the work plan.

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Server racks in golden light

Software M&A at Mid-Year: Record Consolidation Meets the AI Discount

2,700 SaaS deals last year, 659 more in Q1 — while public multiples compress to 3.4x. The market has split in two, and preparation decides the side you land on.

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Industrial M&A 2026: Physical AI, Nearshoring and the Return of the Mega-Deal

Mega-deals now drive 56% of sector value as buyers chase automation, robotics and supply-chain resilience. What it means for Europe's hidden champions.

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Surgical instruments on black stone

Healthcare's Deal Surge: $106 Billion by June and a Medtech Reshaping

The strongest healthcare deal market since 2019, with private equity running 40%+ of middle-market services volume. The mid-market implications.

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Consumer M&A: Portfolio Pruning, Functional Beverages and the Premium for Relevance

The busiest consumer first quarter in five years rewards brands aligned with health, value and premiumisation — and discounts everything else.

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The Platform Decade: Business Services M&A Rebounds 21%

990 deals in twelve months, platform strategies consolidating facility and technical services, and AI repricing the BPO stack.

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Wind turbines at golden dusk

Energy M&A After the Renewables Rush: Storage, Dispatchability and a Deadline-Driven Half

The July 4 safe-harbor deadline triggered a transaction wave while buyers pivot to storage and dispatchable power. The mid-market read.

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Bank vault door with golden light

Financial Services M&A: Wealth Mega-Mergers, a Fintech Re-Rating and $29.6bn of Insurance Deals

From the $22bn Corebridge–Equitable merger to Capital One's Brex acquisition — recurring economics are the valuation.

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Container port at night

Logistics Consolidation: 24 Deals in a Month and the Rise of the Tech-Enabled 3PL

From Macquarie's $8.3bn Qube buyout to FedEx's €7.8bn InPost deal — density and data now command the premium.

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City skyline at dusk

Mid-Market M&A 2026: Why Quality Assets Command Record Multiples

Deal volume is flat, yet valuations for well-prepared companies keep climbing. The divergence tells sellers something important about timing — and about preparation.

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Brass balance scale

The Valuation Gap: What Sellers Expect vs. What Buyers Pay

The average gap between owner expectation and closing price is 28%. Most of it is created years before the process starts — and most of it is avoidable.

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Founder and successor

The Succession Wave: 600,000 European Companies Seeking Successors

Demographics have turned succession from a family matter into a market force. What the coming wave means for owners who plan — and for those who don't.

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