Jacek Byrt

A Comeback for the European #IPO Market: What’s Ahead After a Promising Start to the Year?   After a two-year pause, 2024 saw the strongest start to a year since the IPO (initial public offering) boom in 2021, with several high-profile transactions, such as Galderma, Douglas and the recently priced listings of Puig and CVC, signalling an IPO-market recovery for the year ahead.   According to our recent “IPO Watch EMEA: Q1 2024” publication, the European IPO market experienced a remarkable resurgence in the first quarter (Q1) of 2024, with nearly €5 billion worth of IPOs, according to S&P Global Market Intelligence data. Private equity (PE)-backed IPOs have played a prominent role in this resurgence, with three out of the top five IPOs in the region being backed by private equity. The IPO pipeline for the remainder of 2024 also appears healthy, indicating a sustained recovery is underway. Regarding sectors, the consumer and luxury segments have stood out, whilst the pipeline remains diversified. So, what is driving the IPO market’s recovery? This article explores key themes and the outlook for the remainder of 2024 and beyond.   https://lnkd.in/gkWg6i52   #ipo #listing #uplist #duallist #secfilings #accounting Christy Albeck

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Taking risk to create value and managing risk to protect value is key to how organisations can transform to survive and prosper in these uncertain times. At the heart of this is technology! 🔄Do you agree? I invite you to explore the interesting CEE findings from the recent PwC's Global Risk Survey and discuss further: https://pwc.to/3Wo6UmL #PwCRisk #FutureofCEE 

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BCG’s M&A Sentiment Index is now live! Get a monthly pulse check on the market sentiment for M&A. It indicates the M&A market's direction up to six months out. Where is it now? 78, which is below the ten-year average of 100. That said, it's a nice recovery from the low of 62 in August 2023.   I invite you to use this index plus BCG’s proprietary insights on deal drivers and trends to make informed decisions about the trajectory of the M&A market.   Here's the link: https://on.bcg.com/3W2HXLQ

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I’d like to introduce you to BCG’s M&A Sentiment Index. This first-of-its-kind index gives you a reliable and quantified look at the M&A market's future over approximately the next six months – the ideal tool for corporations, private equity firms, and investment banks looking to see where the market is heading. By leveraging 15 M&A drivers and AI to analyze executive and investor sentiment, the index offers invaluable insights into market dynamics. Here’s one - the current index value of 78 is below the ten-year average of 100. However, the good news is that the M&A market has already recovered significantly from the low point of 62 in August 2023. Find out more about the current market sentiment on M&A here: https://lnkd.in/gcy8jymc

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Discover the reasons behind the $135B decline in UK M&A deal value in 2023 by watching our webinar recording featuring Bain's M&A experts, Peter Horsley and Suzanne Kumar, as they delve into Global and UK M&A industry insights.

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🌍 #Technology, software & digital solutions and pharma & #healthcare are the most attractive target industries in 2024, driving M&A transactions with private equity involvement in Europe, according to the study by Roland Berger. 65% of the 2,200 PE experts expect an increasing activity in 2024. The same study reveals that small and mid-cap deals would be more attractive for PEs, as they would require limited debt financing. Nevertheless, the private equities become more selective despite the huge cash pile they are staying on. Plus, "value creation" is increasingly becoming important for their investments, in order to realize profitability improvements alongside revenue growth. What are your expectations? Source: https://lnkd.in/enE2c2ys ---------------------------------------------------- ✅ ️Like and Comment to exchange ideas! ✅ Follow Erdemi M&A | Corporate Finance: With 12 years of international M&A experience, I provide buyside and sellside advisory services including identification of #investors & targets, #valuation & business planning, negotiations, #duediligence and #integration management.

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In Europe there are about 500 million consumers, which helps to make it a prime target for investment. We see that foreign investors are currently positive about Europe’s prospects, but they also warn of threats. So, how can Europe attract the next generation of investment? How will it adapt to investors’ new requirements? And amid increasing division and discord around the world, how can policymakers act with unity and urgency to boost Europe’s attractiveness? Find out here. https://lnkd.in/eswJ9ZzR #Investment #FDI #Europe #BetterWorkingWorld Julie Teigland, Marc Lhermitte, Marek Rozkrut, Alessandro Cenderello, Famke Krumbmüller, Andrew Hobbs, Jean-Pierre Lieb, Alexis Gazzo, Jan Niewold, Peter Arnold

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I’d like to introduce you to BCG’s M&A Sentiment Index. This first-of-its-kind index gives you a reliable and quantified look at the M&A market's future over approximately the next six months – the ideal tool for corporations, private equity firms, and investment banks looking to see where the market is heading. By leveraging 15 M&A drivers and AI to analyze executive and investor sentiment, the index offers invaluable insights into market dynamics. Here’s one - the current index value of 78 is below the ten-year average of 100. However, the good news is that the M&A market has already recovered significantly from the low point of 62 in August 2023. Find out more about the current market sentiment on M&A here: https://lnkd.in/eBvpexE5

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I’d like to introduce you to BCG’s M&A Sentiment Index. This first-of-its-kind index gives you a reliable and quantified look at the M&A market's future over approximately the next six months – the ideal tool for corporations, private equity firms, and investment banks looking to see where the market is heading. By leveraging 15 M&A drivers and AI to analyze executive and investor sentiment, the index offers invaluable insights into market dynamics. Here’s one - the current index value of 78 is below the ten-year average of 100. However, the good news is that the M&A market has already recovered significantly from the low point of 62 in August 2023. Find out more about the current market sentiment on M&A here: https://lnkd.in/ed5i_UKC

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I’d like to introduce you to BCG’s M&A Sentiment Index. This first-of-its-kind index gives you a reliable and quantified look at the M&A market's future over approximately the next six months – the ideal tool for corporations, private equity firms, and investment banks looking to see where the market is heading. By leveraging 15 M&A drivers and AI to analyze executive and investor sentiment, the index offers invaluable insights into market dynamics. Here’s one - the current index value of 78 is below the ten-year average of 100. However, the good news is that the M&A market has already recovered significantly from the low point of 62 in August 2023. Find out more about the current market sentiment on M&A here: https://lnkd.in/ed5i_UKC

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The Strategic Role of Executive Interim Management in Private Equity Private Equity owners often engage Executive Interim Managers when a portfolio company stands before a major transformation. Often, the existing management lacks the necessary skills for the transformation and in these cases, Executive Interim Managers are crucial for implementing operational improvements and aligning management interests with those of shareholders. An interim professional guide the management to adapt to the owner’s vision, identifying shortcomings and opportunities. They enhance financial systems, marketing, operations, and technology, driving organizational change and opening new market opportunities. The Private Equity-sector has evolved from being financially driven to be specialized on strategic investments. With the additional expertise, that Executive Interim Management bring, Private Equity firms can better assess markets and create value. Interims play a pivotal role throughout the investment cycle—from transaction assessment and due diligence to post-deal stabilization and successful exits. Investment in Expertise Interim management is a strategic investment, not just a cost. Professional Interim Managers provide significant value during the preliminary study and implementation phases, as well as during a transformation. They are integrated into the organization, unlike external consultants, and take operational control while retaining crucial knowledge within the business. Ensuring Stability and unbiased leadership Professional Interim Managers bring tested expertise, structure, and clear communication. They embed stability during change, planning for smooth transitions to permanent leadership. Interim Managers can make tough decisions without emotional attachments. Their primary focus is delivering successful outcomes, which builds their reputation and future employment prospects. Flexible Leadership Solutions Executive Interim Managers allow organizations to define and refine leadership roles without committing long-term. As they help onboard permanent managers, they provide continuity and stability during transitions. Executive Interim Managers play a critical role in the Private Equity landscape, offering strategic expertise and operational leadership during pivotal transitions. They enable portfolio companies to navigate complex changes, enhance organizational capabilities, and achieve alignment with shareholder goals. As the Private Equity sector continues to evolve towards strategic investment, the value brought by these interim professionals becomes increasingly indispensable. Investing in Executive Interim Management is not merely a cost but a strategic move that drives growth, stability, and long-term success.   #interimmanagement #privateequity #bestadvice

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The latest episode of the CAPITAL H podcast, hosted by John Guziak, Human Capital leader at Deloitte, is now live! 🎙 This time John’s guest is Tomasz Buczek, OTC for Europe Commercial Head and General Manager at Viatris . Their conversation explores how to navigate leadership in the digital era, emphasizing the essential role of values in achieving business success. Listen to the podcast to learn more! 👉🎧 https://lnkd.in/dN5bwRpV #CapitalH #Deloitte #Podcast #Leadership #FutureofWork #Human Capital

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Embedded finance is becoming a meaningful way of distributing financial services and is set to displace as much as 30 percent of revenues from traditional bank channels. In our latest article, McKinsey authors Albion Murati, Oskar Skau, and Arvid De Geer detail the drivers of growth and offer ways to deliver lasting, value-positive embedded finance solutions. Get the details by reading “Embedded finance: How banks and customer platforms are converging” https://lnkd.in/dJyxV4JB #mckinsey #embeddedfinance #banking #technology #financialservices

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Embedded finance is becoming a meaningful way of distributing financial services and is set to displace as much as 30 percent of revenues from traditional bank channels. In our latest article, McKinsey authors Albion Murati, Oskar Skau, and Arvid De Geer detail the drivers of growth and offer ways to deliver lasting, value-positive embedded finance solutions. Get the details by reading “Embedded finance: How banks and customer platforms are converging” https://lnkd.in/ddzjR6SS #mckinsey #embeddedfinance #banking #technology #financialservices

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Understand the impact of the EU AI Act on the PE investment cycle, along with trends in investments, exits and fundraising in Europe and the Germany, Switzerland and Austria region. #EYPrivateEquity #ValueCreation #GenAI

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BCG’s latest Value Creation Report: Which companies are creating most value for their shareholders?   Even a historic bull market comes with challenges. Once again, BCG is assessing companies on the basis of total shareholder return (#TSR). This year shows the median rising to 12% over the 2019-2023 period, up significantly from 7% over the 2018-2022 period.   Some sectors stand out: 💻 Technology and tech-related companies are in the lead, propelled by excitement around #generativeAI. 🏗️ Several capital-intensive industrial sectors such as mining (ranking 2nd), building materials (3rd) and machinery (4th) also accelerated their TSR performance. 🌍 Recently-lagging industries similarly improved their TSR. This is the case with the #travel and #tourism sector, which faced significant challenges during the pandemic, but rebounded strongly in 2023, alongside industries that rely on consumer spending, such as automotive and consumer durables. 🛳 The #transportation and #logistics sector saw a slight year-on-year increase in TSR (11% vs. 9%).   To maintain investor confidence and TSR momentum, companies must define a clear path to profitable growth. This often requires investing in innovation, including #AI and sustainability, to open new and potentially disruptive avenues for value creation.   Read the report: https://lnkd.in/eK9qfSnJ Hady Farag Jody Foldesy Julien Ghesquieres Gerry Hansell Akshay Kohli Jeff Kotzen Martin L. Alexander Roos James Tucker

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Within the five core capabilities my colleagues outline for the next era of private capital, talent and organisational health are increasingly being seen as critical differentiators in creating operational and organisational alpha.

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Where is the M&A market heading? For the first time, decision makers in corporations, private equity firms, and investment banks have access to a quantified and statistically reliable answer. The source is BCG’s M&A Sentiment Index. Learn how this newly launched index provides a monthly update on dealmakers' willingness to engage in mergers, acquisitions, and divestitures over roughly the next six months: https://lnkd.in/e3Yy7fJW

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