Private M&A Market Study — 11th Edition
Analysing data from more than 310 European deals between July 2022 and June 2024, Latham & Watkins’ 11th edition of its annual European Private M&A Market Study provides insights into the trends and developments shaping the market.
We are the leading law firm in major European jurisdictions for high-value M&A, and so the survey provides an unmatched representation of the state of the market.
Examples of trends and developments include:
- Locked box mechanisms remained popular among PE buyers and sellers — compared to corporate buyers and sellers.
- The use of earnouts varies between sectors. Earnouts feature most prominently in healthcare and life sciences deals.
- Foreign direct investment (FDI) approval conditions continue to feature in dealmaking.
- The downward trend for liability caps on commercial warranty claims continues.
- Escrows remain uncommon across all jurisdictions.
Presentation:
We would be delighted to present our findings to your team and discuss how market trends could impact your approach to deals.