Europe

With more than 10 offices in Europe, Lincoln connects clients to opportunities that help them achieve their goals. Our European footprint and local presence enable us to work seamlessly on behalf of clients. Explore the below perspectives on the latest trends in Europe affecting individual countries and sectors or those impacting the region more broadly.

Summary

Related Perspectives

Private Equity International | Europe’s Mid-market Resilience

Originally posted by Private Equity International on March 5, 2024. According to our Valuation & Opinions Group’s proprietary insights, 80% of European companies reported YoY revenue growth in Q4 2023,… Read More

Sky News | Will 2024 Bring Big Mergers and Acquisitions?

Originally aired on Sky News on February 21, 2024.

Succeeding in the Fast Lane: Strategically Navigating GP M&A

  In today’s high-stakes market, successful general partners (GPs) in private markets are at the forefront of a thriving M&A landscape characterized by a growing number of deals and rapidly… Read More

Webinar | Valuations & Opinions Group Q1 2024 Private Market Webinar

Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q1 2024 Private Market Webinar.  All request submissions will be evaluated and a member of our team will… Read More

Citywire | PE Firm Permira Seeks to Up Evelyn’s Debt to Pay Shareholder Dividends

Originally posted by Citywire on February 15, 2024. The majority shareholder of Permira, Evelyn, wants to increase its debt through a dividend recapitalization to pay itself and other shareholders. Private… Read More

Alternative Credit Investor | Covenant Breaches Decline for Third Quarter in a Row

Originally posted by Alternative Credit Investor on February 22, 2024. According to the Lincoln International Valuations & Opinions Group proprietary data, lenders and borrowers are proactively addressing potential defaults and… Read More

Forecasting Success: Mid-market European M&A Set for Active 2024

2023 was a slower year for mergers and acquisitions (M&A), but the private mid-market fared better than the large-cap arena. Globally, the elements are in place for 2024 to be… Read More

What Price is Right? Trends and Opportunities for Private Equity in Pharma Market Access

The cost of developing new drugs is staggering. Among the top 20 global biopharmas, the average cost of developing a candidate from discovery through clinical trials to market was approximately… Read More

Pitchbook Media Roundup: Capital Market Trends

Originally posted by Pitchbook in 2024. Eugene Lee, Managing Director in Lincoln’s Capital Advisory Group, offers Pitchbook his perspective on capital market dynamics. Dish Bonds Post Muted Gains After EchoStar… Read More

Media Compilation: Alternative Credit Investor

Originally posted by Alternative Credit Investor in February 2024. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, shares recent interest rate cut trends and maturity extension dynamics with… Read More

Webinar | Q4 European Private Market Insights and Q1 Outlook

Thank you for your interest in Lincoln’s Webinar: Q4 European Private Market Insights and Q1 Outlook.  All request submissions will be evaluated and a member of our team will contact… Read More

The Rising Popularity of NAV Loans

The current economic environment has called for partial liquidity alternatives that provide value for private equity firms and other fund managers. One of those alternatives, the net asset value (NAV)… Read More

Investment Opportunities in Pharma: A Data-Driven Exploration of CDMO Appeal

The report discusses the current state of the contract development and manufacturing organization (CDMO) market within the pharmaceutical industry, emphasizing the increased interest from private equity (PE) investors. The pharmaceutical… Read More

Debtwired Podcast | Private Debt Market and Advisory Opportunities

Originally posted by Debtwire on January 23, 2024. Dominik Spanier, Managing Director in Lincoln’s Capital Advisory Group, recently shared his expectations for private debt in Germany. Listen to the podcast.

VentureCapital Magazin | Courageous Decisions Needed: Commentary on the 2024 German M&A Market

Originally posted by VentureCapital Magazin on January 5, 2024. Rising interest rates, increased energy costs, geopolitical conflicts and poor economic forecasts led to a slower German mergers and acquisitions (M&A)… Read More

Scrip Asks…What Does 2024 Hold for Biopharma?

James West, Managing Director in Lincoln’s Healthcare Group, recently discussed his expectations for the biopharma market in 2024 as part of Scrip’s series. Part One – Business Strategy and Leadership… Read More

Navigating Regulation: Recent Developments in the Private Capital Markets

Companies have raised more money in the private markets than in public markets every year since 2009. Consequently, private funds today are an important source of capital throughout the world.… Read More

BZ | The Art of the Corporate Carve Out

Originally posted by BZ on December 19, 2023. Corporate carve outs have returned in strength amidst a slower mergers and acquisitions market as they are a strategic growth tool for… Read More

Just Food | Cautious Optimism Oozes Around Food M&A Outlook in 2024 as Risks Fester

Originally posted by Just Food on December 14, 2023. While deal activity in the food industry has slowed, businesses that passed on pricing and kept their volumes from going backward… Read More

The Loadstar | When Consolidation Pressure Meets a Cautious Outlook: M&A in 2024

Originally posted by The Loadstar on December 12, 2023. In 2023, global growth was limited by escalating geopolitical conflicts and central bank actions to combat inflation and soaring energy costs,… Read More

Best Practices for Preparing a Corporate Carve Out

While macroeconomic challenges and rising interest rates correlate to a slowdown in mergers and acquisitions, corporate carve out transactions often see significant upticks during times of economic uncertainty as businesses… Read More

Webinar | Valuations & Opinions Group Q4 2023 Private Market Webinar

Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q4 2023 Private Market Webinar.  All request submissions will be evaluated and a member of our team will… Read More

Recycled Plastics Market Draws Investor Attention

Not a day goes by without the announcement of a new regulatory, industrial, or commercial initiative relating to the European circular economy, making it a major topic for corporates and… Read More

Corporate Carve Outs: A Strategic Growth Tool for Turbulent Times

When challenges arise in the economic environment, businesses become much less interested in discretionary acquisitions—particularly larger deals or at higher multiples, creating a need for dealmaking alternatives. The result is… Read More

European Market Buzz: Emerging Trends

The European market is bustling with a myriad of activities and developments. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, discussed some of these dynamics with several publications.… Read More

pemacom | Outlook for the German M&A Market in 2023

Originally published by pemacom on September, 19, 2023.   1. Challenging Economic Environment Following a weak second half of 2022, the number of M&A deals will continue to decline in… Read More

Affärsvärlden | Increasingly Lower Activity in the M&A Market – But Advisers See Glimmers of Light

Originally posted by Affärsvärlden on October 6, 2023. While the total number of acquisitions fell in Sweden during the third quarter, transaction value increased, and new legislation and other market… Read More

UK Financial Conduct Authority Plans to Review Private Market Valuations

The UK Financial Conduct Authority (FCA) recently announced that it plans to review private market valuations. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, discussed the impact that… Read More

Real Deals | Adapting to the Dealmaking Drought

Originally posted by Real Deals on September 26, 2023. 2023 has seen slower deal activity across Europe and many are hopeful that the market will pick up in the near… Read More

Real Deals | Yield of Dreams

Originally posted by Real Deals on August 29, 2023. Private debt is growing quickly despite rising interest rates. Recent Preqin data indicated that $33.7 billion was raised in Europe in… Read More

HealthInvestor | CMA Launches Review of Vet Sector

Originally posted by HealthInvestor on September 7, 2023. The Competition and Markets Authority (CMA) has begun reviewing UK veterinary services to uncover how well the market is working for pet… Read More

Webinar | Valuations & Opinions Group Q3 2023 Private Market Webinar

Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q3 2023 Private Market Webinar.  All request submissions will be evaluated and a member of our team will… Read More

Lincoln’s Latest

Lincoln’s Latest video series features experts from across industries, services and geographies, sharing perspectives on current trends, recent observations and future outlooks.

Webinar | Valuations & Opinions Group Q2 2023 Private Market Webinar

Thank you for your interest in Lincoln’s Webinar: Valuations & Opinions Group Q2 2023 Private Market Webinar.  All request submissions will be evaluated and a member of our team will… Read More

Investors Seek Protection in the Safety Workwear Market

The safety workwear industry is a highly resilient and very attractive market that covers all personal protective equipment from head to toe, including helmets, goggles, gloves, shoes, protective clothing and… Read More

LevFin Insights | EMEA Insight: Floor but no Ceiling: European Direct Lenders Keen to Prepare Loan Agreements for Falling Interest Rates

Originally posted by LevFin Insights on August 7, 2023. As inflation is easing and many are predicting interest rates will decline in the near term, direct lenders are requesting 1-2%… Read More

Pitchbook | European Banks Claw Back Mid-market Share as Funds Chase Big Deals

Originally posted by Pitchbook on July 28, 2023. The private debt market has grown exponentially over the past few years. In the current economic environment with rising debt costs and… Read More

Gaining Momentum: European M&A Outlook for H2 2023

The mergers and acquisitions (M&A) market will remain challenged throughout 2023 although dealmakers are learning to live with the uncertainty. In the last 12 months, private equity (PE) has been… Read More

Webinar | Q2 European Private Market Insights and Q3 Outlook

Thank you for your interest in Lincoln’s Webinar: Q2 European Private Market Insights and Q3 Outlook.  All request submissions will be evaluated and a member of our team will contact… Read More

German Broadband Infrastructure Market Set for Further Consolidation

It is no longer a surprise that access to high-speed internet is a necessity for individuals, businesses and governments worldwide. In Germany, the federal government has recognized this and set… Read More

Riding the Sound Waves – Key Trends in the Audio Industry

The audio equipment industry, a sub-sector of the $263 billion global professional audio/visual (AV) market, is a large, diversified and resilient sector that is projected to grow significantly over coming… Read More

DVZ | Logistics and Transport M&A is on the Up

Originally published by DVZ  on June 20, 2023. View the original article (German). Read the article translated to English below: Against the backdrop of macroeconomic headwinds and the rapid normalization… Read More

Investor Appetite for Frozen Food Grows

In the U.S. and in Europe the frozen food market continues to grow. The overall mega themes of products that are high-quality, clean, convenient, fresh, long-lasting, less wasteful and flavorful… Read More

Real Deals | PE-backed Companies Performing ‘Robustly’ Compared to Public Companies

Originally posted by Real Deals on June 7, 2023. According to Lincoln International’s proprietary Valuations & Opinions Group Q1 2023 data, European private companies are performing better than public companies… Read More

PitchBook | Fixed Charge Coverage Shrinking on Midsized Companies – Lincoln

Originally posted by PitchBook on May 9, 2023. Rising interest rates are negatively impacting borrowers in the middle market. Christine Tiseo, Managing Director and co-head of Lincoln’s Capital Advisory Group,… Read More

Webinar | Q1 European Private Market Insights and Q2 Outlook

Thank you for your interest in Lincoln’s Webinar: Q1 European Private Market Insights and Q2 Outlook.  All request submissions will be evaluated and a member of our team will contact… Read More

Plant-based Alternatives are Poised for Growth

Lincoln International was pleased to host the Plant-based Potential: The Rapid Rise of Alternative Foods and Growth Opportunities Ahead panel at the Food & Drink Expo in Birmingham, UK. During… Read More

Real Deals | Healthcare M&A Resilience

What trends have you seen in the last quarter in relation to valuations in the healthcare space? Matthew Lee: It’s early days to get an accurate read on valuations as… Read More

Mergermarket | Dealspeak EMEA – Slice of Pie: New Entrants Gobble Up GP Stakes in Europe

Originally posted by Mergermarket on April 24, 2023. Historically, North American investors were the main players that acquire stakes in private equity (PE), credit and infrastructure general partners (GPs) in… Read More

PETS International | Investment Spike in the Fresh Dog Food Category

Originally posted by PETS International on April 26, 2023. The natural / minimally processed pet food industry is attracting great investor interest, and the market is growing at a rapid… Read More

Innovation and Advancements in Packaging Technology

Advancements in packaging across both active and passive technologies continue to revolutionize the industry as new features, functionality and capabilities broadly become more available. Packaging companies have an increased emphasis… Read More

Regulatory Compliance Watch | SEC Examines PFs’ Third-party Valuations

Originally posted by Regulatory Compliance Watch on March 31, 2023. The SEC is asking private fund advisers to explain how they monitor the boundaries between their firms and third-party valuation… Read More

Beauty Outlook: Optimism for an Attractive 2023

Many investors are eyeing the year ahead for the beauty and personal care industry as it is ripe for accelerated growth due to several factors. 2022 had a key focus… Read More

Regulatory Compliance Watch | In-person Exams Resume

Originally posted by Regulatory Compliance Watch on March 3, 2023. The SEC plans to increase its on-site interactions with regulated entities but will continue to conduct remote examinations when applicable.… Read More

European M&A Outlook: Four Deal Drivers for 2023 and Beyond

After a record-setting 2021, mergers and acquisitions (M&A) activity in 2022 was poised for a normalization, yet it still hovered near pre-pandemic levels for total deal value. Following the retrench… Read More

Webinar | CISO Cybersecurity Priorities and Practices

Thank you for your interest in Lincoln’s Webinar: CISO Cybersecurity Priorities and Practices.  All request submissions will be evaluated and a member of our team will contact qualified requestors with… Read More

Private Equity International | How Private Equity Valuations Measure Up

Originally posted by Private Equity International on February 28, 2023. Private equity firms have been navigating market volatility for the past 12 to 18 months, and public market valuations have… Read More

Private Equity International | Covenant Breaches Trend Upward as GPs Navigate Uncertainty

Originally posted by Private Equity International on February 22, 2023. According to the Lincoln PMI (LPMI), private equity (PE) firms and their portfolio companies are becoming increasingly concerned about financial… Read More

CFO | Earnings Multiples for PE-Backed Firms Fall for 7th Straight Quarter

Originally posted by CFO on February 22, 2023. For private companies, a modest increase in EBITDA kept their valuations from declining in Q4 2022. In fact, the Lincoln PMI (LPMI)… Read More

Webinar | Q4 European Private Market Insights

Thank you for your interest in Lincoln’s Webinar: Q4 European Private Market Insights.  All request submissions will be evaluated and a member of our team will contact qualified requestors with… Read More

The Wall Street Journal | Investors Stuck in Private Valuation Limbo as Recession Looms

Originally posted by The Wall Street Journal on January 30th, 2023. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, offers a perspective on private company performance in Europe.… Read More

UK Hospitality: Unlocking Hidden Value

The hospitality industry has experienced several challenges over the last few years, which at times has led to valuation concerns amongst investors. However, an opportunity presents for businesses to attract… Read More

Private Debt Investor | Podcast: The Window of Opportunity for Private Credit

Originally posted by Private Debt Investor on January 5, 2023. Dominik Spanier, Managing Director in Lincoln’s Capital Advisory Group, reveals several private credit trends. Listen to the podcast.

The Loadstar | Takeover Talk: Mid-sized Deals to Power 2023 M&A Activity

Originally published by The Loadstar on December 23, 2022. Dirk Engelmann and Gaurang Shastri, Managing Directors in Lincoln’s Business Services Group, share their expectations for logistics and transportation mergers and… Read More

Ignites Europe | Deals for Alternative Managers ‘Dwarf’ those for Traditional Firms

Originally posted by Ignites Europe on December 21, 2022. Antoine Dupont-Madinier, Managing Director in Lincoln’s Financial Institutions Group, shares his predictions for alternative asset manager transactions in the European market.… Read More

Just Food | Gloomy Clouds to Hang Over Food Industry M&A in 2023

Originally published by JustFood on December 20, 2022 Alex Masters, Managing Director and Tom Cunningham, Director in Lincoln International’s Consumer group share insights on M&A trends in consumer sector for the… Read More

Just Food | Humanization in Pet Food Bounds Along Amid Premium-Led Growth

Originally published by JustFood on December 6, 2022 Alex Masters, Managing Director in Lincoln’s Consumer Group, shares current growth drivers he is seeing in the pet food sector and expectations… Read More

In Vivo Pharma Intelligence | The Growth Path for Drug Discovery Partners

Originally published by In Vivo Pharma Intelligence on November 15, 2022 James West, Director in Lincoln’s Healthcare Group, explains the key trends and mergers and acquisitions (M&A) dynamics in the… Read More

The Hidden Gem in European Pet Food: European Investors Spot New Opportunity in Raw & Gently Cooked Pet Food

European investors are capitalizing on the fastest growing segment of the European pet food category, powered by pet owners’ ongoing desire for higher quality and natural food options for their… Read More

Software Sector Shows Resilience in Recurring Revenue Financing

Amid recessionary pressures, the software sector has proven resilient with low default rates and healthy cash flows for most companies. Lenders continue to see opportunities with software companies—even those with… Read More

UK M&A: Getting the Deal Done in Challenging Times, Through Value Creation and Due Diligence

Evolving market dynamics and the ever-shifting macroeconomic backdrop present significant challenges, but also opportunities for investors and corporates alike.

Webinar | Q3 European Private Market Insights

Thank you for your interest in Lincoln’s Webinar: Q3 European Private Market Insights.  All request submissions will be evaluated and a member of our team will contact qualified requestors with… Read More

Lending Opportunities Abound for PE Investments in Digital Infrastructure

COVID-19 flipped the script on infrastructure investments. Lockdowns and travel restrictions have proven certain traditional infrastructure assets, like airports and public transportation hubs, are not always as low-risk an investment… Read More

Infrastructure Investor | Financing the Digital Revolution

Originally published by Infrastructure Investor on September 1, 2022 Xenia Sarri, Managing Director in Lincoln’s Capital Advisory Group, gives a perspective on the key factors driving digital infrastructure expansion as… Read More

Pet Trends Impacting M&A in 2022

The pet industry has evolved significantly over the past few years with several trends impacting the way pet product brands, manufacturers, retailers, customers and investors view the sector. In 2020,… Read More

Joint Ventures & Partnering: Q&A with Lincoln Directors Emma Blackley and Claire Heuberger

Traditionally, joint ventures and partnering (JV&P) were the preserve of capital-intensive industries such as oil and gas or aerospace and defense. They were also a common mechanism used for expansion… Read More

All Systems Protected? Cybersecurity Trends in 2022

Accelerated digitalization post-COVID-19, convergence of cyber and military power projection and the increasingly complex threat environment are forcing rapid transformation of the cybersecurity industry. Organizations are hungry to protect systems… Read More

Automated Storage and Retrieval Systems – Combining Efficiency, Speed, Accuracy and Safety

E-commerce sales are currently approximately 22% of retail sales and are expected to increase to approximately 30% by 2025.[1] Increasing order volume, combined with an expectation of fast delivery and… Read More

Real Deals | Creativity in Cautious Times

Originally published by Real Deals on July 28, 2022 How has the private lending market matured over the last few years? Xenia Sarri: The one thing that we’ve seen continue to… Read More

Private Debt Investor | Loan Note: The Growth of ‘Super Senior;’ Covenant Breaches on the Up

Originally published by Private Debt Investor on July 21, 2022. Aude Doyen, Managing Director in Lincoln’s Capital Advisory Group, offers a perspective on the reasons why private credit covenant breaches… Read More

Webinar | European Private Market Insights

Thank you for your interest in Lincoln’s Webinar: European Private Market Insights.  All request submissions will be evaluated and a member of our team will contact qualified requestors with a… Read More

Private Debt Investor | Deep Dive: The Financing that Defies Bubble Talk

Originally published by Private Debt Investor on July 1, 2022. Click here to view the original article. Xenia Sarri, Managing Director in Lincoln’s Capital Advisory Group, discusses the characteristics of… Read More

Real Deals | Navigating the Nordics

Originally published by Real Deals on June 16, 2022 What has been driving deal flow in the Nordic market over the last 18 months? Fredrik Bolander: We went into this year… Read More

Private Debt Investor | Deep Dive: Squaring Up Over Syndication

Originally published by Private Debt Investor on June 1, 2022. Xenia Sarri and Aude Doyen, Managing Directors in Lincoln’s Capital Advisory Group, examine the reasons why interest in private debt… Read More

Global Supply Chain Volatility: 2022 Outlook

Amidst historic production disruption, shortages and low levels of inventory, manufacturers, distributors and retailers have been adapting business strategy real-time in response to continued volatility. There has been a rising… Read More

Real Deals | Undiscovered Gems

Originally published by Real Deals on May 5, 2022 Dr. Michael Drill, CEO Germany shares that large American and Japanese corporates are willing to invest in the mid-sized companies in Germany.… Read More

Looking to Europe for Insight on the Increasing Criticality of ESG in Investing

As enthusiasm for Environmental, Social and Governance (ESG) investment continues to rise, businesses and institutional investors are shifting focus to maximize the impact of purpose-driven investments and take advantage of… Read More

Webinar | Software and the Rise of ARR-based Financings

On Tuesday, April 5, 2022, Lincoln International hosted experts from the firm’s U.S. and European Capital Advisory, Valuations and M&A Groups for a webinar to discuss the latest trends in… Read More

European Lending Markets: Navigating Debt Financing in Uncertain Times

As geopolitical tensions evolve, global inflation rises and companies cope with worldwide supply issues, many businesses are assessing their strategies for accessing debt financing in today’s market. In a recent… Read More

Q&A with Lincoln’s Financial Institutions Group Leaders

Lincoln International recently announced the addition of three new Managing Directors, Jay Bliley in New York and Antoine Dupont-Madinier and Max Cornu-Thenard in London, to strengthen and expand the firm’s… Read More

Citywire | Europe’s Private Debt Managers Embrace ESG-Linked Loans

Originally published by Citywire on March 16, 2022. A recent feature in Citywire features Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, to discuss the ESG market and… Read More

GoingPublic | Germany’s M&A Outlook

Originally published by goingpublic  on March 10, 2022. Dr. Michael Drill, CEO Germany at Lincoln International, shares insights on current situation of the country’s M&A activity amidst the global economic… Read More

Growing Local & Global Private Equity Interest in French Technology

The technology ecosystem in France is booming. In 2021 alone, French startups raised more than €10 billion in venture capital financing, a 2x increase over 2020. To date, the number… Read More

Debtwire | ARR-based Financing Uptake Challenges Lenders’ Cashflow Orthodoxy – Mid-Market Chatter

Originally published by Debtwire on March 3, 2022.  Xenia Sarri, Managing Director in Lincoln’s Debt Advisory Group, discusses how last few years have seen increased prevalence in ARR-based lending across… Read More

Private Debt Investor | Loan Note: Discipline Holds Amid Deal Boom

Originally published by Private Debt Investor on February 24, 2022.  Richard Olson, Managing Director at Lincoln’s Valuations and Opinions Group shares that oversupply of capital in private equity and private… Read More

Scrip | What Does 2022 Hold For Biopharma?

Originally published by SCRIP on February 8 , 2022. James West, Director in Lincoln’s Healthcare Group shares that there has been increased private equity firm’s interest in the Biopharma space and… Read More

Scale your Career: What Makes a Good Investment Banker Great?

For new analysts and associates, communication, collaboration and coordination are essential components of a successful investment banking career. Individuals who can communicate and collaborate effectively with colleagues across title levels… Read More

Career Path Options for Prospective Investment Bankers

If you are seeking an opportunity in a fast-paced environment where you can learn a wide variety of skills and advise clients on mergers and acquisitions as well as raising… Read More

PRWeek | Healthcare M&A in 2022: Private Equity has ‘Huge Interest’ in Medcomms Agencies

Originally published by PRWeek on December 8, 2021. James West, Director in Lincoln’s Healthcare Group discusses private equity firm’s interest in the medcomms space and the forecast for Healthcare M&A activity… Read More

The Nordic Private Debt Landscape: Strong Growth Projections for Year Ahead

The Nordic region has bounced back stronger than its European counterparts following the COVID-19 pandemic. The gross domestic product (GDP) has largely recovered from a less significant pandemic downturn, whereas… Read More

PRWeek | 2021 Will Be Known As Year Medcomms M&A Went Into Overdrive

Originally published by PRWeek on November 10, 2021, by James West. Several large agency groups have taken on fresh private equity capital for the first time this year and many others… Read More

Event | Economic and Healthcare Spending

On 6 November 2021, the Lincoln International Healthcare team hosted a C-Suite focused evening at Dartmouth House in Mayfair, co-sponsored by CIL Consulting and Global Counsel, with guest speakers David… Read More

Animal Health Players Pursue Vertical Integration as a Path to Growth

Animal health businesses that have established a strong presence within their area of expertise, may be considering where the next best path to growth lies. While cross-border expansion and consolidation… Read More

Investors Train Sights on Air Filtration Businesses

Emerging from the COVID-19 pandemic, people have a heightened level of focus on their health and wellness, specifically the air they breathe. While they were once concerned with air quality,… Read More

From Corporate Social Responsibility to PE Impact Funds: Investor Interest in ESG and Sustainability Gains Pace

Institutional investors are increasingly accountable for how they deploy capital. More so than the widespread divestment from fossil fuels over the last decade, some capital allocators today are seeking to… Read More

Real Deals | Consumer Business on Verge of Breaching Covenants

Originally published by Real Deals on September 27, 2021, by Simon Thompson. Private consumer businesses in the UK and Europe are close to breaching their lenders’ covenants. That is according to… Read More

Italy is Poised to Enter a Golden Era

Italy is Entering a Nuovo Rinascimento—a New Renaissance The first half of 2021 was defined by a morale-boosting Euro Cup win, record performance at the Olympic games and the start… Read More

Private Debt Investor | Loan Note: Defaults Still Loom in Consumer Sector; CIP Preps Renewables Debt Offering

Originally published by Private Debt Investor on September 23, 2021.  Richard Olson, Managing Director at Lincoln’s Valuations and Opinions Group discusses with Private Debt investor on consumer sector performance over… Read More

PE News | Debt Funds Seek Ways to Fund the Adoption of Technology

Originally published by Private Equity News on September 20, 2021.  Xenia Sarri, Managing Director in Lincoln’s Debt Advisory Group, discuss with PE News on how Covid has created a spike… Read More

M&A Review | Outlook for the German M&A Market in 2022

Originally published by M&A Review on September 6, 2021. The boom in mergers and acquisitions continues! Since the beginning of the year, the global mergers and acquisitions (M&A) business has… Read More

Private Debt Investor | How Lenders are Adapting to Today’s Favoured Sectors

Originally published by Private Debt Investor on August 31, 2021.  Xenia Sarri, Managing Director in Lincoln’s Capital Advisory Group, speaks with Private Debt Investor for its September’s edition on ways… Read More

Summer of Spending: Opportunity for Investors as UK Leisure Industry Rebounds

With the UK falling in and out of lockdown since March 2020, the Bank of England is anticipating the biggest surge in household spending since 1988 upon the planned reopening… Read More

Real Deals | Taking the Temperature on Debt

Originally published by Real Deals on August 12, 2021.  Aude Doyen and Xenia Sarri, Managing Directors in Lincoln’s Debt Advisory Group, discuss with Real Deals their perspective on the state… Read More

Bloomberg | Direct Lending Growth Spurt Brings Calls for More Transparency

Originally published by Bloomberg on June 16, 2021. Richard Olson, Managing Director of the firm’s Valuations & Opinions Group, provides insight around the drive for more visibility on valuations with… Read More

Webinar | The Latest Trends in Global Financings

On Wednesday, June 9, 2021, Lincoln International’s global Capital Advisory Group hosted a webinar to discuss market insights from the 20+ financing transactions Lincoln has completed to date in 2021.… Read More

Cross-Border Deals: The Right Prescription for Animal Health

As the humanization of pets continues and pet lifespans grow longer, investment opportunities in animal health abound. While most animal health companies will first look for growth within their own… Read More

The Pharmaceutical Journal | Is Amazon Really a Threat to the UK Pharmacy Market?

Matthew Lee, Managing Director at Lincoln International joins the Pharmaceutical Journal deputy news editor, Carolyn Wickware, in a recent episode of The PJ Pod to share his thoughts on the… Read More

Private Debt Investor | Lone Note: State Support Delays Corporate Bankruptcy; Businesses Creep Closer to Covenant Breach

Originally published by Private Debt Investor on May 11, 2021. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, discusses findings from the most recent European private company valuation insights,… Read More

AltAssets | PE-backed European Consumer Companies Close to Breaching Debt Covenants

Originally published by AltAssets on May 7, 2021. Consumer companies’ average EBITDA leverage levels from January to March were at 6.7x, with just 4% headroom available before breaching lenders’ covenants,… Read More

Animal Health in the UK: Insights from the LaingBuisson Investing in Healthcare Conference

Pet ownership in the UK increased during the pandemic as animals provided comfort and companionship that individuals lacked during lockdown. Matthew Lee, Managing Director at Lincoln International, joined other industry… Read More

Capital Requirements Drive Seismic Shifts in Auto Competitive Landscape

From the boardrooms of auto original equipment manufacturers (OEMs) and suppliers around the globe, the geographic landscape of the automotive industry is being continuously reshaped. Archnemeses are forming unlikely alliances.… Read More

Webinar | Spring 2021 European Insights: Key Takeaways from our Capital Advisory, M&A, and Valuations & Opinions Groups

With one quarter of 2021 under our belts, Lincoln’s capital advisory, M&A and valuation & opinions professionals convened in a recent webinar to discuss current trends and their outlook for… Read More

Webinar | Software Financings and the Rise of the Non-Bank Lending Market

On Wednesday, April 14, 2021, Lincoln International hosted a webinar to discuss the latest trends in software financings. With a shift in the market towards non-bank lenders, software businesses that… Read More

As the British Palate Diversifies, Investors Capitalize on South Asian Food Supplier Sector

While the UK’s grocery market has experienced little growth in recent years, the authentic South Asian cuisine market—offerings that incorporate ingredients, spices and food staples from India, Pakistan and Bangladesh—has… Read More

Webinar | Lincoln’s Valuations & Opinions Group: Q1 2021 Private Equity

On Thursday, March 25, 2021, a panel of Lincoln International professionals hosted a webinar discussing the following topics: Private Market Ev Trends Company Performance Trends and 2021 Outlook Market Update… Read More

Investment Platform China | Takeovers of German Companies by Chinese Will Increase

Originally published by Investment Platform China on March 23, 2021. As an investment bank, Lincoln International supports company owners with structured sales processes and approaches potential buyers in China. Interested… Read More

Private Debt Investor | Loan Note: Nominations Wanted for Women of Influence; Deal Market Bounces Back

Originally published by Private Debt Investor on March 15, 2021. Richard Olsen, Managing Director in Lincoln’s Valuations & Opinions Group, discusses why the deal market had a ‘pre-covid’ feel to… Read More

Q&A with Lincoln Healthcare Director James West: The Future of UK Pharma Services and Manufacturing

Lincoln International recently welcomed James West, a London-based Director in the firm’s global Healthcare Group. With a unique background as a pharmacist turned life sciences investment banker, James joins Lincoln… Read More

Private Equity News | LPs Beware: How Fair are PE Funds’ Valuations?

Originally published by Private Equity News on February 22, 2021. Richard Olsen, Managing Director in Lincoln’s Valuations & Opinions Group, provides his insights on a new study that has found… Read More

Webinar | New Year Valuations Insights

Lincoln International hosted a webinar on February 3, 2021, led by our European Valuations, M&A and Debt Advisory experts discussing proprietary insights sourced from private companies into Q4 2020 valuations… Read More

Webinar | Investing in Europe: Q&A on Executing and Financing Deals Post-COVID-19 – Part II

Lincoln International hosted a virtual panel on January 28, 2021, featuring the firm’s experts from across Europe for a Q&A on some of the key considerations and opportunities for investors… Read More

The Nordic Lending Landscape: Trends in Corporate Credit Through COVID-19

The unprecedented market turbulence of 2020 has resulted in challenges in raising middle market debt in the Nordic region, as the syndicated banking loan market shut down and commercial banks… Read More

Webinar | Digital Strategy: The Next Tool in UK Building Products Distribution

On November 5, the UK entered a new lockdown. Effective until December 2, pubs, restaurants, non-essential shops, and entertainment venues are closed—and there are steep fines for those that do… Read More

Webinar | Autumn Valuations and Capital Advisory Insights

Lincoln International hosted a webinar on November 2, 2020, discussing proprietary insights sourced from private companies into Q3 valuations alongside forecasts for the quarter ahead. The global panel explored select… Read More

Q&A with Lincoln’s Newest Healthcare Managing Directors: Unpacking Market Dynamics & Deal-making for the Months Ahead

In summer 2020, Lincoln International welcomed three healthcare Managing Directors – Dirk-Oliver Löffler, in Germany, Roddy O’Neill, in New York, and Emily Wildes, in Chicago. Their arrival complements a global… Read More

European Deal Making in 2020: Insights on Selling, Buying and Opportunities for Investors

Businesses across Europe are facing challenges stemming from the COVID-19 pandemic every day. Despite the challenges, there have been several bright spots—presenting opportunities for private equity and corporate investors. Lincoln… Read More

Webinar | Investing in Europe: Q&A on Executing and Financing Deals Post-Pandemic – Part I

Lincoln International hosted a virtual panel on October 22, 2020 to discuss considerations and opportunities for investors and businesses alike in the new deal landscape. Professionals from the firm’s European… Read More

The Next Course for UK Chain Restaurants

During the month of August, Britons were encouraged to dine out through the “Eat Out to Help Out” scheme. Every Monday, Tuesday and Wednesday participating restaurants offered a 50 percent… Read More

Secondaries Investor | Lincoln International Discusses Demand for New Funds

Richard Olson, Managing Director in Lincoln International’s Valuations & Opinions Group, discusses with Secondaries Investor the factors that determine the value of an unfunded stake amidst the COVID-19 pandemic. View… Read More

From Handbags to Athleisure, European Private Equity Investors Splurge on Luxury

Twenty years ago, Net-a-Porter (now YNAP following merger with Italy’s Yoox) started selling high-end fashion online. While its entrance to the luxury goods market was met with reluctance, it paved… Read More

Mergermarket | Consumer Trendspotter on European M&A

View original document here, published July 17, 2020.                                Written by Mergermarket, the leading provider of forward-looking… Read More

Webinar | Europe: Our Latest Insights on Valuations and Financings Market Conditions as We Enter Q3 2020

On Wednesday, July 8, 2020, experts in Lincoln International’s Financial Sponsors Group, Valuations & Opinions Group and Capital Advisory Group join forces to discuss insights into the European valuations and… Read More

Unquote | Lincoln International Discusses European Gym Market

Aude Doyen and Harry Kalmanowicz, Lincoln Managing Directors, discuss with Unquote how the gym sector has been impacted due to the COVID-19 pandemic. As gyms and fitness clubs across Europe… Read More

Webinar | UK Nursery Sector: Navigating the Financing Market in the COVID-19 Environment

On May 21, 2020, a panel of Lincoln International’s European capital advisory and healthcare experts discussed the impact of COVID-19 on financing markets in the nursery sector. Topics covered include:… Read More

unternehmeredition.de | State of M&A in Germany: COVID-19 and Beyond

Originally posted 4/24/2020 by unternehmeredition.de The COVID-19 pandemic has led to a drastic lockdown since March 2020, placing the global economy in unprecedented shock. The economic consequences are not yet… Read More

Pharmacies: The Right Prescription for Investors

Prior to the effects of COVID-19, UK community pharmacies were already undergoing significant change as a range of factors converge to transform the role of pharmacists within the primary care… Read More

M&A Market in Germany: Expected Revival after Coronavirus

Transactions will increasingly be characterized by distressed sales and defensive, less strategically motivated deals The corona crisis has left the global economy and M&A business in an unprecedented state of… Read More

Rethinking the Global Chemicals Supply Chain

The chemicals supply chain has always been global, because certain raw materials can only be sourced from, made in or distributed to certain areas of the world. Chemical manufacturers’ supply… Read More

Trends in the European Debt Markets & Valuation Implications

Lender Sentiment Lenders are honouring existing commitments with negligible retrades; however, debt and equity investors are cautious when reviewing new opportunities. Lenders remain focused on their existing portfolios and are… Read More

Investors Take a Bite into the UK and European Dentistry Markets

Memories of nightmarish childhood trips to the dentist appear to be a thing of the past for investors as they rush to capitalise on the dentistry market in record numbers.… Read More

How are Business Owners and Investors Preparing for a Potential Recession?

Lincoln Managing Directors share unique insights about how Technology, Media & Telecom, Business Services and Healthcare business owners and investors are preparing for a potential recession.   Click below for… Read More

How is the Rapid Pace of Digitalization Causing Disruption Across Industry Verticals?

Lincoln International Managing Directors share how digitalization is causing disruption across Technology, Media & Telecom, Business Services and Healthcare.   Click below for a glimpse of the conversation or complete… Read More

What Current Growth Trends are Resonating with the Market?

Managing Directors at Lincoln International discuss the trends they are seeing in Technology, Media & Telecom, Business Services and Healthcare.   Click below for a glimpse of the conversation or… Read More

Pitchbook | Q&A: The State of Private Debt

View original post from Pitchbook on October 8, 2019 here.                                           … Read More

The Stork Delivers: Opportunities Abound in Fertility Market

It is becoming increasingly common for couples to marry and have children later in life. In the U.K., the median age of mothers having their first child in 1999 was… Read More

Industry 4.0

Producing Value for a Growing M&A Market Imagine that a production line can gather data, analyze it and predict and correct mishaps before they occur—saving a manufacturer from the downtime… Read More

Pitchbook | Q&A: The State of Global Lending

View original post from Pitchbook on September 16, 2019 here.                                           … Read More

Frankfurt

Strong Momentum for the German M&A Market in 2020 Despite a Challenging Economic Environment

Originally published in M&A Review, Sep. 2019 Amid growing levels of political and economic uncertainty across Europe, the number of M&A deals with German involvement decreased by more than 10%… Read More

Consumers in Control & the Role of Brands

Lincoln Managing Directors discuss the way consumers are in the driver’s seat as it relates to branded and non-branded food companies. Click the banner above to watch the video.  … Read More

U.S.-China Tensions, Tariffs and Tightening Regulations

Tension and tariffs drives Chinese M&A activity to markets outside the U.S. Mounting tension between Washington, D.C. and Beijing are top of mind in the dealmaking climate. As tariffs continue… Read More

Pitchbook | Q&A: The Evolution of Medtech in a Globalizing Industry

View original post from Pitchbook on May 29, 2019 here.                                           … Read More

Best Practices for Chinese Investors Entering Europe

Chinese investment into Europe is on a roll. In the first half of 2018, China invested nine times more into Europe than North America, reaching $20 billion in deals, according… Read More

Meet Our Senior Team in Europe