19 March 2015
European Buy & Build Market rebounds strongly in H2 2014
169 add-ons were reported in H2 2014 compared to 124 in H1 2014, which was later upwardly revised to 158 as further data for smaller Buy & Build transactions usually emerges after the publication date. Based on our experience, the number of deals in H2 2014 is therefore very likely to be revised upwards in our next report. The comparable number for the second half of 2013 was 153. The higher number of add-ons recorded in H2 2014 is mainly the result of a very strong third quarter, the third highest since 2008, and with further data likely to come in for deals announced in Q4 of last year we conclude that the level of Buy & Build activity in the second half of 2014 has rebounded strongly.