Lumina Middle East Cross-Border M&A Survey October 2024

Date Posted:Wed, 30th Oct 2024

Lumina Middle East Cross-Border M&A Survey October 2024

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

Click here to download the report.