MARCHÉS27 août 2026· 16 min
European Tech M&A 2026: Valuations, Multiples & Weak Signals You Can't Afford to Miss
European tech M&A is entering a recalibration phase: deal volumes rebounded 23% in H2 2024, yet median EV/Revenue multiples compressed to 4.2x. This report decodes the valuation architecture, emerging sector fault lines, and the weak signals that precede transformative acquisitions.
SOURCES
[1]Dealroom.co European Tech Report Q1 2025 — Transaction Database and Multiple Benchmarks
[2]Pitchbook European PE & VC Breakdown 2024 Annual Report — Deal Volume and Buyer Composition
[3]European Patent Office (EPO) Espacenet Bulk Data — Patent Filing Acceleration Methodology
[4]European Banking Authority (EBA) PSD2 Compliance Reports 2023–2024 — Open Banking Signal Framework
[5]McKinsey & Company 'European Tech M&A: The New Playbook' (2024) — Valuation Driver Regression Methodology
[6]Mergermarket European M&A Deal Flow Database 2023–2024 — Geographic and Sector Breakdown
[7]KPMG 'Pulse of Fintech H2 2024' — Fintech Valuation Benchmarks and Transaction Comparables
[8]EU Official Journal — NIS2 Directive Transposition Tracker and AI Act Conformity Assessment Registry