European private equity dealmaking is showing signs of recovery after a subdued 2023, with provisional half-year data from CMBOR, supported by Equistone Partners Europe, indicating substantial growth. The European buyout industry completed 327 buyouts worth €49.6 billion in the first half of 2024, a significant increase from €42.0 billion in the same period last year. Mega-deals valued over €1 billion, of which there were 11 totalling €33.3 billion, played a crucial role in this resurgence. Additionally, the UK emerged as the most active market, ahead of Germany and France, with TMT and healthcare sectors displaying notable recoveries. Public markets have proven essential as both acquisition and exit routes, with IPOs accounting for historically high shares of total deal value in 2024. While the exit environment remains quieter, there is optimism that large-cap buyouts will help unlock liquidity across the private equity market. The data, compiled by CMBOR, covers various European nations and outlines buyout trends through June 12, 2024.

Private Equity, Technology, Media, and Telecommunications (TMT), Healthcare,Europe, United Kingdom, Germany, France

https://www.equistonepe.com/newsdetail/european-buyout-industry-mounting-recovery-from-deal-drop-off-of-2023/708