Dear,
After a strong run for most of the year, financial markets took a breather in recent weeks, with a notable rotation away from growth and technology towards more defensive sectors.
In this edition of our newsletter, we share fresh insights into European mid-market M&A valuations, drawing on Argos Wityu’s latest index, which shows acquisition multiples coming under renewed pressure amid higher interest rates and tighter credit conditions.
We also review recent European and Belgian M&A activity and are pleased to highlight several transactions in which VDP acted as advisor, including Teamworks’ acquisition of Belgian sports-tech specialist Opteamal and the partnership between marketing agency DAD and Drukkerij VD.
As the year draws to a close, we would like to thank you for your continued trust and interest. We wish you a Merry Christmas and a Happy New Year, and look forward to reconnecting with you in the year ahead.
Enjoy the reading!
Sincerely,
The VDP team
Download the review:
Click here to read the full May M&A review
