MARKETS7 September 2026· 16 min

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

Name: InekIA
Rating: 4.8 (12 reviews)

European tech M&A is entering a recalibration phase in 2026, with EV/Revenue multiples compressing 22% YoY while cross-border deal volume surges. This analysis decodes the valuation framework, sector-specific signals, and actionable acquisition strategies for informed players.

InekIA Editorial Team

LI X

SOURCES

[1]Pitchbook European Venture & PE Report Q1 2026 — Deal volume and multiple data for European tech M&A

[2]European Patent Office (EPO) Annual Report 2025 — Cross-domain patent filing trends and IPC classification data

[3]Thoma Bravo / Darktrace Scheme Document, UK Takeover Panel, April 2024 — Transaction terms, valuation rationale and financial advisors' fairness opinions

[4]European Commission FDI Screening Annual Report 2025 — Member state screening statistics, deal timelines and refusal rates under Regulation 2019/452

[5]Sopra Steria Group — Ordina Acquisition Press Release and Investor Presentation, September 2023, with 12-month post-closing integration update (2024 Annual Report)