MARCHÉS2 septembre 2026· 16 min
European Tech M&A 2026: Valuations, Multiples & Weak Signals
A data-driven deep dive into European tech M&A in 2026: current valuation multiples by sub-sector, emerging acquisition patterns, and a proprietary weak-signal framework to identify tomorrow's targets before consensus forms.
SOURCES
[1]PitchBook European M&A Report Q1 2026 — European Technology Deal Activity and Multiples Database
[2]LSEG / Refinitiv M&A Data Intelligence — European Tech Closed Transactions 2023–2025, EV/Revenue and EV/EBITDA benchmarks
[3]European Commission — EU AI Act Implementation Progress Report, DG CONNECT, 2025
[4]ENISA — NIS2 Directive Implementation Landscape: Sectoral Impact and Cybersecurity Market Analysis, 2025
[5]Revelio Labs — European Tech Labor Flow Data and Talent Signal Methodology, Q4 2024–Q1 2026
[6]JETRO — Japanese Outbound M&A in Europe: 2024 Annual Review and 2025 Pipeline Analysis
[7]European Patent Office (EPO) — Annual Patent Filings by Technology Class, 2023–2025
[8]Bain & Company — Global M&A Report 2025: European Private Equity and Strategic Acquirer Trends