OVERVIEW

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

HIGHLIGHTS

There was a fall in the number of deals completed in January, 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 January 2024.

DEAL COMMENTARY

The largest deal in January was Synopsys Inc.’s acquisition of Ansys Inc. for £27.6 billion.

SPOTLIGHT TRANSACTIONS

Other deals during January included:

• Pennon Group’s acquisition of SES Water for £380 million.
• Brickability PLC’s acquisition of Hampshire-based Topek Southern Limited (TSL) for £48 million.

The smaller end of the market witnessed the following deals:

• Downing LLP’s acquisition of the solar PV portfolio of Foresight for £26 million.
• Oxford Instruments PLC’s acquisition of First Light Imaging for €19 million.
• Netcall PLC’s acquisition of Skore Labs Limited for £6.2 million.

SAMPLE COMPLETED AND ANNOUNCED M&A MULTIPLES – January 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.