PlatformServicesM&A ReportsValuation ToolBlogNewFAQAboutCareersContact
Log inSign up — Make deals
M&A MonitorsNordic

Nordic M&A Year in Review 2025

Comprehensive retrospective of M&A activity across Denmark, Sweden, Norway, and Finland. Deal volumes, sector allocation, PE-backed transactions, sovereign wealth fund activity, and the impact of Nordic ESG leadership on deal structuring.

February 10, 2026
44 pages
4 MB
English
Sample preview — illustrative content only. Full report available for download.

Executive Summary

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to executive summary. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

Nordic Deal Landscape 2025

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to nordic deal landscape 2025. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

Country Profiles

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to country profiles. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

Sector Analysis

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to sector analysis. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

PE & Sovereign Wealth Fund Activity

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to pe & sovereign wealth fund activity. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

ESG Impact on Deal Structuring

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to esg impact on deal structuring. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

2026 Outlook

This section of the Nordic M&A Year in Review 2025 provides detailed analysis and data-driven insights relevant to 2026 outlook. Our research team has compiled data from over 500 transactions across European markets to ensure comprehensive coverage.

Key trends identified include increasing cross-border activity, rising valuation multiples in technology and healthcare sectors, and growing emphasis on ESG factors during the due diligence process. Private equity sponsors continue to drive mid-market deal flow across the region.

Key Insight

Deal volumes in Q1 2026 increased 14% year-over-year, with mid-market transactions (EUR 10-250M) accounting for 62% of total activity. The Benelux region showed particularly strong growth at 23% above the European average.

Related Reports

View all reports