MARKETS12 September 2026· 16 min

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

Name: InekIA
Rating: 4.8 (12 reviews)

As European tech M&A rebounds from its 2022-2023 trough, valuation multiples are repricing across subsectors. This deep-dive decodes current deal metrics, emerging weak signals, and the strategic playbook for acquirers and targets in 2026.

InekIA Editorial Team

LI X

SOURCES

[1]PitchBook European M&A Report Q2 2025 — Deal volumes, multiples, and sector breakdowns

[2]Refinitiv Eikon M&A Intelligence — European technology transaction database, 2021-2025

[3]European Investment Bank (EIB) — European Tech and Innovation Financing Report 2024

[4]Mergermarket European M&A Trend Report H1 2025 — Advisor activity and process timelines

[5]Bloomberg Intelligence — European SaaS Valuation Benchmarks and Rule-of-40 Premium Analysis, 2025

[6]Dealroom.co — European Startup and Scaleup M&A Exit Data 2024-2025

[7]European Commission — DORA Implementation Report and ICT Third-Party Risk Market Analysis 2025

[8]NATO/OCCAR — European Defence Technology Investment Tracker Q1 2025