OVERVIEW

Highlights from our February 2025 Valuation Barometer, covering deals and valuation multiples in UK M&A in January 2025. Request the Executive Summary below.

HIGHLIGHTS

There was a fall in the number of deals completed in January, relative to previous months, reflecting the typical new-year slowdown.

DEAL COMMENTARY

The largest deal in January was Constellation Energy Corp’s acquisition of Calpine Corporation Limited for £23.6bn.

SPOTLIGHT TRANSACTIONS

Other deals during January included:

• Lantheus Holdings, Inc’s acquisition of Life Molecular Imaging Limited for £615 million.
• DBAY Advisors’ acquisition of Alliance Pharma Plc for £349 million.
• Gamma Communications Plc’s acquisition of SF Technologies for £165 million.

The smaller end of the market witnessed the following deals:

• Esyasoft Group’s acquisition of Good Energy Group for £68.7 million.
• Dalmore Capital’s acquisition of Triple Point Energy Transition Plc for £44.1 million.
• Macfarlane Group Plc’s acquisition of The Pitreavie Group for £18 million.

SAMPLE COMPLETED AND ANNOUNCED M&A MULTIPLES – January 2025

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