OVERVIEW

Highlights from our November 2024 Valuation Barometer, covering deals and valuation multiples in UK M&A in October 2024.  Request the Executive Summary below.

HIGHLIGHTS

October has been a busy month for UK corporate finance with exceptionally strong levels of M&A completions as business owners moved to get ahead of speculated capital gains tax changes in the Autumn Budget.

Based on our estimation, the actual deal count for October UK M&A activity is expected to reach at least 600.

DEAL COMMENTARY

The largest deal in October was Stripe Inc’s acquisition of Bridge Ventures Inc for £14bn.

SPOTLIGHT TRANSACTIONS

Other deals during October included:

• NewDay Group’s acquisition of Argos Financial Services Cards Portfolio for £720 million.
• Mondi Plc’s acquisition of Schumacher Packaging for £531 million.
• Crane NXT’s acquisition of De La Rue Plc for £300 million.

The smaller end of the market witnessed the following deals:

• Ashtead Technology’s acquisition of Seatronics for £63 million.
• Pockit’s acquisition of Monese Linen Services for  £15 million.
• Aspire Technology Solutions’ acquisition of CloudCoCo for £7.85 million.

SAMPLE COMPLETED AND ANNOUNCED M&A MULTIPLES – October 2024

Request the executive report below. Please contact olga@marktomarket.io to discuss access to the full list of deals in the MarktoMarket Valuation Barometers.

For the full list of previous Barometers – visit our reports page