Even prior to the Corona Pandemic outbreak, experts anticipated an upcoming downturn in the European M&A market and an increasing number of insolvency proceedings due to the general economic development. The number of M&A deals in Europe decreased already by 4% from 949 deals in 2018 to 913 in 2019, in value even by 31% from EUR 832 Billion in 2018 to EUR 573 Billions in 2019 (Source: Thomson Financial). Michael Drill, CEO of Lincoln International AG, indicated at that time in the MuMAC Special 2019, that „managers and investors are starting to become cautious when contemplating acquisitions and are aware of the risks associated with the high valuations that sellers are still expecting for their businesses.” These trends have been fueled by the Corona caused shut-down in Europe and Rest of World.
In light of recent political, economic as well as technological trends, the M&A REVIEW EUROPE series offers European M&A market participants guidance with multitude of articles and services on M&A at one place. The articles and topics cover current market and legal developments in cross-border M&A with focus on Europe. The content provided can be deepened in topic-specific webinars on the M&A REVIEW LIVE platform. With this service, M&A REVIEW EUROPE covers a gap in the M&A market that has been identified by many market participants in the past looking for independent guidance.