Horizons Issue 4 2021

10 November 2021

UK & Ireland: PE drives M&A activity in another busy quarter

Welcome to the final edition of Horizons in 2021, in which BDO M&A professionals around the world present their insights on mid-market deal activity and trends.

Another busy quarter for mid-market M&A in UK & Ireland, with 128 transactions reported with an aggregate value of USD 13.4bn. This is lower than the preceding quarters as the market starts to return to pre-COVID-19 levels.

With 29% of deal volume, private equity was a key driver in quarterly M&A activity. Unsurprisingly, TMT leads the way in sector activity with 37% of all deals.


In the final issue of 2021 we take a close look to an M&A world back to levels pre-COVID-19. There is also commentary on:

  • Global view – Private equity continues to be a growing force in the M&A market in 2021
  • Cyber Risk – Out of the shadows – is it time to make cyber risk more central in deal making?
  • The path aheadrecovery picks up stream – analysis of estimates for insights on the economic recovery
  • North America – Frenetic pace of activity slows
  • Latin America – M&A activity maintains upward trajectory
  • Real Estate – Main drivers in post-COVID real estate investment
  • TMT – Why data remains at the core of industry 4.0 M&A


About BDO Horizons

Each quarter we analyse global mid-market deal activity across a number of major regions and selected sectors around the world; offering you a satellite view of how the M&A market is evolving – and where it appears to be heading.

It includes expert commentary on recent trends, predictions for the coming year and forecasts of sector activity through our heat chart which predicts the most active sectors for company sales. Whether you are active on the buy or sell side or just alert to the latest opportunities, Horizons will provide you with invaluable insights into where and why investment is flowing, giving you more of the mid-market knowledge and insight you need. 

In a global market of bewildering activity and endless choices, we provide some of the context necessary to navigate it.

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