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The new year has started and whilst we are all in uncertainty about what COVID will bring this year, most of us are nonetheless developing plans and ideas, as that is what we always do this time of year. In terms of M&A and valuation levels, it seems that we should not worry, as the market recovery we saw in Q3 last year, continued throughout Q4. The number of deals is not yet fully back at pre-COVID levels, but it is not far off. Valuations are definitely back at the historic highs of 2019 and share price movements are green across the board.

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For any further information, please contact Onno Groeneveld or Tijn Bastiaans.

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