MARKETS14 May 2026· 15 min

European Tech M&A 2026: Valuations, Multiples & Weak Signals

Name: InekIA
Rating: 4.8 (12 reviews)

European tech M&A is entering a structural reset: median SaaS multiples have compressed 40% from 2021 peaks, yet deal volume is quietly recovering. This premium analysis decodes where the real value lies, which weak signals anticipate the next wave, and how to position now.

InekIA Editorial Team

LI X

SOURCES

[1]Dealroom.co — European Tech M&A Report H1 2025 (dealroom.co/reports)

[2]Pitchbook — European Venture & PE Breakdown Q3 2025 (pitchbook.com/news/reports)

[3]European Commission — Digital Markets Act Enforcement Register 2024–2025 (commission.europa.eu/strategy-and-policy/priorities-2019-2024/europe-fit-digital-age/digital-markets-act)

[4]ENISA — NIS2 Directive Implementation Status Report 2025 (enisa.europa.eu/publications)

[5]Hg Capital — Annual Review 2024: Software M&A Value Creation Study (hgcapital.com/insights)