Lumina’s 2024 GCC-UK Cross Border M&A Survey
Lumina is delighted to release its 2024 GCC-UK Cross Border M&A survey. Key findings are:
Positive M&A sentiment, with 70% of respondents expecting to do the same or more deals in the next 12 months
Deal activity remained strong in the last year with 45% of respondents undertaking a transaction within the last 12 months (last year: 41%)
UAE and KSA are still the most active geographies, with a noted rise in interest in Egyptian deals and ventures
Equity is, still, the overwhelming funding method of choice (77%), with positive growth in the use of debt (48%) and mezzanine (29%) structures
Industrials, infrastructure and consumer remain strong, but buoyed by an increase in business services sector deals
The mid-market still dominates with sub $100m deals most common, at valuations of up to 10.0x EBITDA
To download a copy of the report please click here.