42015590 - Horizons Q2 2022_v06

HORIZONS | BDO'S GLOBAL VIEWOF MID-MARKET DEAL ACTIVITY 23

SOUTHERN EUROPE HEAT CHART BY SECTOR

TMT

209 21% 209 21% 188 19% 112 11%

Industrials & Chemicals

Consumer

Business Services

LOOKING AHEAD

Energy, Mining & Utilities

92

9%

Pharma, Medical & Biotech

66 7% 58 6%

Looking ahead, the BDO Heat Chart predicts that there will be 979 transactions in Southern Europe in the coming quarters. These figures represent an 35% year-on- year increase on the 723 rumoured deals for Q1 2021 and 10% of the rumoured mid-market deals worldwide. The region’s three leading sectors, Industrial & Chemicals, TMT and Consumer, are set to reinforce their positions with the numbers of rumoured deals. These sectors will be largely responsible for the predicted growth in M&A activity, representing 62% (606 deals) of all future deals. Business Services (112 deals) and Energy, Mining & Utilities (92 deals) are also predicted to increase deal numbers compared to the same period last year.

Financial Services

Leisure

32

3%

CRISTINA DIAS PARTNER

Real Estate

13

1%

TOTAL

979

cristina.dias@bdo.pt

SOUTHERN EUROPE MID-MARKET VOLUMES BY SECTOR

2021

2022

170

50

19

57

8 4

30

15

131

25

50

12

61

18

70

7

79

10

Technology & Media

Financial Services

Energy, Mining & Utilities

Pharma, Medical & Biotech Real Estate

Consumer

Business Services

Leisure

Industrials & Chemicals

Southern Europe

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