42015590 - Horizons Q2 2022_v06

HORIZONS | BDO'S GLOBAL VIEWOF MID-MARKET DEAL ACTIVITY 33

NORDICS HEAT CHART BY SECTOR

TMT

58 24% 55 23% 34 14% 30 13% 25 10%

Industrials & Chemicals

Business Services

Consumer

Business Services is predicted to gain traction again and return to historical levels after a weak first quarter. Moving forwards, the PE sector in the Nordics is also expected to be active, as recent record-setting fundraisings have resulted in ample dry powder and incentives to invest. The first half of 2022 is expected to end up at lower levels of dealmaking than the first half of 2021, but within a normal range. The overall performance of the year remains to be seen, but it has undoubtedly been a soft start to the year compared to 2021.

Pharma, Medical & Biotech

Energy, Mining & Utilities

15 12

6% 5% 3%

Financial Services

PER OVE GISKE PARTNER, CORPORATE FINANCE

Real Estate

7

Leisure TOTAL

4 2%

240

per.ove.giske@bdo.no

NORDICS MID-MARKET VOLUMES BY SECTOR

2021

2022

134

23

17

28

4

13

0 2

98

12

5

26

34

8

27

6

66

4

Technology & Media

Financial Services

Energy, Mining & Utilities

Pharma, Medical & Biotech Real Estate

Consumer

Business Services

Leisure

Industrials & Chemicals

Nordics

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