1. Transaction Activity
1.1 Private Equity Transactions and M&A Deals in
General
In line with global markets, Ireland has seen a cautious start
to 2024, which is reflective of broader macroeconomic volatility
and geopolitical uncertainty. During the first half of 2024, there
has been a 20% decrease in deal volume against the same period in
2023. However, thanks to a number of deals transacted at the upper
end of the valuation spectrum (ie, more than EUR500 million),
Ireland's deal value figures have remained remarkably robust
– with an increase of over 200% against the same period in
2023.
There has been a general trend towards more bilateral deals and
fewer auction processes when compared with previous years,
reflecting a broader shift to more buyer-friendly market conditions
and an increase in the number of strategic acquirers in the
market.