Statistics on the EMAT Database Content
#1 European Database on Private M&A Transaction Multiples
Private M&A Transaction Multiples Database in Europe
With 10,000+ deals analysed in detail, EMAT is the most comprehensive database in Europe of private M&A transaction multiples
Total Reports published: 11,305
Breakdown by sector of activity
| Sectors followed | Nb Reports | Breakdown |
|---|---|---|
| Energy and Basic Resources | 169 | 1.1% |
| Chemicals | 299 | 1.9% |
| Construction & Building Materials | 787 | 5.0% |
| Agricultural Sector | 133 | 0.9% |
| Metals | 139 | 0.9% |
| Industrial Goods | 889 | 5.7% |
| Electrical / Electronic Equipment | 532 | 3.4% |
| Transport Equipment & Manufacturers | 519 | 3.3% |
| Personal & Household Goods | 513 | 3.3% |
| Food & Beverage Industry | 750 | 4.8% |
| Health, Pharmaceuticals & Biotechnology | 1,257 | 8.1% |
| Retail and Wholesale ('R&W') | 1,121 | 7.2% |
| Transports | 409 | 2.6% |
| Hotels Restaurants and Bars | 157 | 1.0% |
| Media - Communication | 681 | 4.4% |
| Business Services | 1,483 | 9.5% |
| Consumer Services | 511 | 3.3% |
| Software | 1,783 | 11.4% |
| Internet | 1,163 | 7.4% |
| IT Services | 531 | 3.4% |
| Telecommunication Services | 483 | 3.1% |
| Technology Hardware & Electronic Equipment | 508 | 3.3% |
| Environment and Climate Change | 797 | 5.1% |
Breakdown by Size
| Equity Value (€m) | Nb Reports | Percentage |
|---|---|---|
| [0 – 5] | 1,743 | 15.4% |
| [5 - 15] | 1,999 | 17.7% |
| [15 - 50] | 3,274 | 29.0% |
| [50 - 150] | 2,409 | 21.3% |
| [150 - 500] | 1,312 | 11.6% |
| [>= 500] | 561 | 5.0% |
Breakdown by Deal Type
| Deal type | Nb Reports | Percentage |
|---|---|---|
| Acquisition | 8,800 | 78.0% |
| LBO (Leverage Buy Out) | 2,483 | 22.0% |
EMAT Coverage of Europe
Number of Deal Reports Published, per Target Country
| Country | Nb Reports | Percentage |
|---|---|---|
| France | 1,924 | 23.9% |
| Germany | 1,026 | 12.7% |
| United Kingdom | 972 | 12.1% |
| Italy | 732 | 9.1% |
| Spain | 538 | 6.7% |
| Netherlands | 498 | 6.2% |
| Sweden | 303 | 3.8% |
| Ireland | 295 | 3.7% |
| Belgium | 215 | 2.7% |
| Finland | 174 | 2.2% |
| Norway | 152 | 1.9% |
| Switzerland | 130 | 1.6% |
| Denmark | 119 | 1.5% |
| Austria | 92 | 1.1% |
| Poland | 89 | 1.1% |
| Portugal | 64 | 0.8% |
| Czech Republic | 41 | 0.5% |
| Luxembourg | 35 | 0.4% |
| Russia | 32 | 0.4% |
| Greece | 30 | 0.4% |
| Romania | 26 | 0.3% |
| Slovenia | 26 | 0.3% |
| Estonia | 20 | 0.2% |
| Malta | 18 | 0.2% |
| Hungary | 17 | 0.2% |
| Croatia | 12 | 0.1% |
| Cyprus | 9 | 0.1% |
| Lithuania | 7 | 0.1% |
| Slovakia | 7 | 0.1% |
| Serbia | 7 | 0.1% |
| Ukraine | 7 | 0.1% |
| Bulgaria | 6 | 0.1% |
| Iceland | 4 | 0.0% |
| Latvia | 4 | 0.0% |
| Monaco | 4 | 0.0% |
| Georgia | 3 | 0.0% |
| Montenegro | 3 | 0.0% |
Last published Reports
| Announced date | Acquirer | Target | Target Country | Industry Sector | Reports |
|---|---|---|---|---|---|
| 31/07/2025 | Private group led by EMZ Partners | Implid | France | Audit & Accounting | 123079 |
| 31/07/2025 | Private group led by Montefiore Investment, Ceres Industries Capital and CFJ (Compagnie Financière Jousset) | Karavel Group | Paris | Travel & Tourism, Travel & Tourism, Online Travel Agencies | 123974 |
| 01/08/2025 | Legrand | Cogelec | Vendée | Electronic Security Systems, Electronic Security Systems | 122707 |
| 04/08/2025 | Theon International | Kappa Optronics | Germany | Aerospace & Defence, Electronic Equipment, Optoelectronics | 122672 |
| 04/08/2025 | Private Group led by A&M Capital Europe | Isla Délice (Amalric) | Hauts-De-Seine | Meat processing, Canned, Frozen and Cooked Food | 122797 |
| 12/08/2025 | Wilmington | Professional Group Conversia | Spain | Human Resource Management (HRM), Enterprise Content Management (ECM) | 122682 |
| 15/08/2025 | Lantmännen ek för | Leipurin | Finland | Food R&W | 122979 |
| 26/08/2025 | Halma | Brownline | Netherlands | Industrial Machinery, Measurement & Test Equipment, Equipement for Test & Measuring | 122872 |
| 29/08/2025 | Private Group led by Waterland | Cruinn Diagnostics | Ireland | Specialised R&W, Diagnostic Medical Equipment | 122770 |
| 01/09/2025 | Supreme | 1001 | England | Nondurable Household Products, Cleaning Products - Manufacturers | 124051 |
| 03/09/2025 | Private group led by Andera Partners, Bpifrance | HMS (Groupe Numans) | Rhône | Audit & Accounting | 122850 |
| 04/09/2025 | Solutys Group | Rayonnance | Hauts-De-Seine | IT Supply Chain Services, Customer Relationship Management (CRM), Retail Software, Transport Management System (TMS) | 123940 |
| 08/09/2025 | Private group led by Société Générale Capital Partenaires, BRED Banque Populaire, Bpifrance, Qualium Investissement | Parella | Paris | Architectural and Design Services | 122866 |
| 10/09/2025 | Lehibou | Adonys Security | Paris | IT Consulting | 123365 |
| 11/09/2025 | Private Group led by Andera Partners | Sagitta Pharma | Indre-Et-Loire | Drugs Retailers | 122886 |
| 11/09/2025 | Numeris | SECAB | Hérault | Audit & Accounting | 124335 |
| 16/09/2025 | Esprinet | Vamat | Netherlands | Electrical Components & Equipments, Electrical Product (retail) | 122998 |
| 24/09/2025 | Private group led by Raise | UBI Solutions | Hauts-De-Seine | Integrated software, Electronic Equipment (for corporates), Electronic Security Systems | 123952 |
| 03/10/2025 | Private group led by Edmond de Rothschild Private Equity | M-Energies | Meurthe-Et-Moselle | Heating, Ventilation and Air-Conditioning (HVAC) | 123845 |
| 06/10/2025 | Private group led by Inner, Entrepreneur Invest | Armor Navigation | Côtes-D'Armor | Marine Transportation, Travel & Tourism, Travel & Tourism | 124100 |
| 13/10/2025 | Private group led by Eurazeo | Excelya Group | Hauts-De-Seine | Biomedical Research Laboratory | 124276 |
| 15/10/2025 | Private group led by Capital Croissance | Renobat PACA | Bouches-Du-Rhône | Finishes and Fittings (F&F), Property Damage Restoration Services | 124307 |
| 20/10/2025 | Private group led by InnovaFonds, Jadel, Financière Sophia | Groupe Isore | Mayenne | Finishes and Fittings (F&F), Insulation Work | 123853 |
| 24/11/2025 | Private group led by AfricInvest Europe, Bpifrance Investissement, and Garibaldi Participations | Tecofi Group | Rhône | Pumps & PVF | 124260 |
| 26/11/2025 | Funding round led by LVMH Luxury Ventures Advisors | Parfums BDK | Hauts-De-Seine | Personal Products, Cosmetics & Perfumes | 124344 |
| 08/12/2025 | Private group led by NCI, Unexo, NSH | Metalu Plast | Calvados | Sporting Goods | 124238 |
| 08/12/2025 | Private group led by B & Capital | Groupe Partir-Visiteurs (GPV) | Paris | Travel & Tourism, Travel & Tourism | 124265 |
| 09/12/2025 | Private group led by Sparring Capital | Elec44 | Loire-Atlantique | e-commerce B2B, Electrical Product (retail) | 124366 |
| 09/12/2025 | Private group led by Capza, Amundi Private Equity Funds | Myrium (ex. Rougnon) | Yvelines | Construction Finishings | 124039 |
| 17/12/2025 | Private group led by B & Capital | Decor World Services - DWS | Loiret | Industrial Machinery | 124378 |