OVERVIEW

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

HIGHLIGHTS

There was a fall in the number of deals completed in February, compared with previous months.

We combined data from MarktoMarket’s platform and our other sources to estimate the value of deals completed and announced in February 2024.

DEAL COMMENTARY

The largest deal in February was Capital One Financial Corporation’s acquisition of Discover Financial Services for £28 billion.

SPOTLIGHT TRANSACTIONS

Other deals during February included:

• Bunzl PLC’s 80% stake acquisition of Nisbets for £399 million.
• Expro Group’s acquisition of Coretrax, for £166 million.

The smaller end of the market witnessed the following deals:

• Bridgepoint Advisors’ acquisition of the solar PV portfolio of Animalcare Group for £25 million.
• Good Energy Group’s acquisition of JPS Group for £15 million.
• Rightmove PLC’s acquisition of HomeViews Platform for £8 million.

SAMPLE COMPLETED AND ANNOUNCED M&A MULTIPLES – February 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.