In the second quarter of 2026, the M&A market in Portugal recorded 50 transactions, with the greatest activity in the Industrial sector, with 9 transactions, as well as in IT and F&B, with 7 and 6 deals respectively. Of the total, domestic investors led 34 of these transactions. In parallel, private equity funds and their … Read more
The M&A market in Portugal recorded 40 transactions in the first quarter of 2026, showing greater dynamism in the Industry sector, with 14 transactions, and IT, with 6 transactions. Of the total, 21 transactions were led by domestic investors, with 16 driven by private equity funds or their portfolio companies. Among the transactions led by … Read more
The Portuguese M&A market recorded 45 transactions in the fourth quarter of 2025, with a strong activity in the Industrials sector, which accounted for 15 deals, and in the F&B sector, with 5 transactions. Of the total number of transactions, 31 were led by domestic investors, and 28 by private equity funds or their portfolio … Read more
The M&A market in Portugal recorded 46 transactions in the third quarter of 2025, 10 more than in the previous quarter, with greater activity in the Industrials sector (13 deals), Insurance Brokerage (5 deals), as well as in Healthcare and IT, both with 4 deals each. Private equity funds and their portfolio companies were responsible … Read more
During the second quarter of 2025, a total of 36 transactions were recorded in Portugal. The most dynamic sectors during this period were Industrial with 11 transactions, the Food & Beverage (F&B) sector with 7 transactions, while the Insurance Brokerage and the Sports sectors remained hot, each with 2 transactions. The largest transactions were led … Read more
Relative valuation is commonly used in the deals negotiation process, namely the EV / EBITDA multiple. The main factors that explain differences in the EV / EBITDA multiple between sectors and companies within the same sector are: i) the geography of the company’s operations; ii) market dynamics; iii) the characteristics of the company; iv) the … Read more
The first quarter of 2025 recorded a total of 38 transactions in Portugal, with notable activity in the IT sector with 5 delas, Industrial, Transport & Logistics, Sports and Insurance Brokerage sectors, each registering 4 transactions. The Industry 4.0 and Healthcare sectors reported 3 transactions each, while the F&B sector recorded 2 deals. A total … Read more