OVERVIEW

Highlights from our October 2026 Barometer, covering deals and valuation multiples in UK M&A in September 2026. Request the Executive Summary below.

HIGHLIGHTS

As of the publication date, UK M&A deals have seen an increase in activity.  In addition to the most up-to-date figure at the time of publication, we also report an estimated total for the month, which includes a provision for deals completed during the month but not reported until after the report cut-off date.

DEAL COMMENTARY

The largest deal was Toscafund’s acquisition of Spire Healthcare for £2.3 billion.

SPOTLIGHT TRANSACTIONS

Other deals during September included:

• The Peel Group’s acquisition of Harworth Group for £632 million.
• DNO’s acquisition of Capricorn Energy for £214 million.
• Infrared Capital’s acquisition of Hector Rail for £198 million.

The smaller end of the market witnessed the following deals:

• SigmaRoc’s acquisition of Dolomitas for £101 million.
• Eduviva Group’s acquisition of TTS for £54 million.
• Taboola’s acquisition of Dianomi for £27 million.

Request the executive report below. Please contact kathryn.stevenson@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.