Private Company Price Index (PCPI)

A quarterly PCPI publication from BDO.

22 October 2024

PCPI Q3 2024

Year-on-year M&A volumes continue to rise, as many entrepreneurs plan to exit UK

M&A volumes in Q3 reached 661 deals ahead of the three-year average of 638 deals and the ten-year average of 612 deals. But what will the future hold for deals?

Our latest analysis for an assesses the upward trajectory in UK M&A deal volumes and valuations, alongside the impact of potential tax changes.

PCPI blog: Leisure M&A – Travel deals are back!

2024 has proven to be the travel M&A recovery year, with the BDO Leisure M&A team leading on key deals. 

Our blog reveals the multi-faceted drivers behind the resurgence of deals, with shifting demographics and experience-hungry consumers behind much of the demand. We assess the factors leading to rising volumes and strong valuations, and why 2025 will be a great year for Travel M&A.

About PCPI

Each quarter we collect data surrounding Enterprise Value (EV) to Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) multiples. The Index tracks the EV to EBITDA multiples paid by trade and private equity buyers when purchasing UK private companies.

We examine this market data and compare it with historic data to identify key trends. We draw on our long experience of running the PCPI and our sector-specific expertise to predict future market trends.

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