OVERVIEW

Highlights from our December 2023 Valuation Barometer, covering deals and valuation multiples in UK M&A in November 2023.  Request the Executive Summary below.

HIGHLIGHTS

Deal volumes have remained reasonably stable into November.

We combined data from MarktoMarket’s platform and our other sources to estimate the value of deals completed and announced in November 2023.

DEAL COMMENTARY

The largest deal in November was the KKR & Co. INC’s acquisition of TIM’s fixed network assets for £18.8 billion.

SPOTLIGHT TRANSACTIONS

Other deals during November included:

• Pioneer Point Partners’ acquisition of Esken Renewables in a £108 million.
• Aonic AB’s acquisition of Mercia-owned nDreams for £89 million.
• Molten Ventures’s acquisition of a rival firm Forward Partners for £41.4 million.

The smaller end of the market witnessed the following deals:

• Hill & Smith’s acquisition of Ohio-based United Fibreglass for £11.4 million.
• Premier Miton Group’s acquisition of Tellworth Investments for approximately £8.5 million.
• Galliford Try’s acquisition of AVRS Systems for up to £7 million.

SAMPLE COMPLETED AND ANNOUNCED M&A MULTIPLES – november 2023

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.