Exits & M&A
1,728 of 8,897 exits have a disclosed value (19.4%) — value charts cover disclosed deals only.
Total exits
8,897
8,560 in charts (2010–2026), 337 outside range or undated
Disclosed value
€1.1T
1,728 deals priced
Disclosure rate
19.4%
share with a € figure
Most common type
Acquisition
8,020 deals
Exits over time
2010–2026 · 8,560 of 8,897 datedExits over time — interactive chart.
Data table
| Exits over time | |
|---|---|
| 2010 | 89 |
| 2011 | 60 |
| 2012 | 61 |
| 2013 | 121 |
| 2014 | 208 |
| 2015 | 713 |
| 2016 | 641 |
| 2017 | 569 |
| 2018 | 379 |
| 2019 | 293 |
| 2020 | 721 |
| 2021 | 1,027 |
| 2022 | 1,009 |
| 2023 | 877 |
| 2024 | 654 |
| 2025 | 718 |
| 2026 | 420 |
Disclosed value by year
2010–2026 · disclosed € onlyDisclosed exit value by year — interactive chart.
Data table
| Disclosed exit value by year | |
|---|---|
| 2010 | €15B |
| 2011 | €39B |
| 2012 | €34B |
| 2013 | €46B |
| 2014 | €26B |
| 2015 | €128B |
| 2016 | €80B |
| 2017 | €59B |
| 2018 | €48B |
| 2019 | €15B |
| 2020 | €193B |
| 2021 | €117B |
| 2022 | €74B |
| 2023 | €34B |
| 2024 | €35B |
| 2025 | €45B |
| 2026 | €9.9B |
Exits by type
grouped labelsExits by type — interactive chart.
Data table
| Exits by type | |
|---|---|
| Acquisition | 8,020 |
| IPO | 306 |
| Merger | 272 |
| Buyout | 202 |
Deal value bands
1,728 priced dealsExit value bands — interactive chart.
Data table
| Exit value bands | |
|---|---|
| €0–10M | 279 |
| €10–50M | 426 |
| €50–100M | 252 |
| €100–500M | 421 |
| €500M+ | 350 |
Exit activity by country — target vs acquiror
top 12 by combined activityExit activity by country — interactive chart.
Data table
| Exited (target) | Acquiror HQ | |
|---|---|---|
| Germany | 1,571 | 1,262 |
| UK | 1,527 | 1,297 |
| United States | 329 | 1,649 |
| France | 567 | 537 |
| Netherlands | 627 | 455 |
| Sweden | 535 | 532 |
| Switzerland | 391 | 290 |
| Spain | 426 | 252 |
| Israel | 344 | 111 |
| Belgium | 245 | 198 |
| Denmark | 198 | 137 |
| Norway | 128 | 170 |
Who's buying European tech
acquiror HQ, known onlyWho's buying European tech — interactive chart.
Data table
| Who's buying European tech | |
|---|---|
| European acquiror | 5,986 |
| US acquiror | 1,649 |
| Rest of world | 632 |
Time to exit
2,166 of 8,897 exits w/ a prior roundTime to exit — interactive chart.
Data table
| Time to exit | |
|---|---|
| < 12 mo | 348 |
| 12–24 mo | 477 |
| 24–48 mo | 702 |
| 48+ mo | 639 |
Top acquirors of European tech
by European companies acquired · light name-normalization| # | Acquiror | HQ | European exits |
|---|---|---|---|
| 1 | Accenture | Ireland | 74 |
| 2 | Visma | Norway | 41 |
| 3 | Main Capital Partners | Netherlands | 25 |
| 4 | Apple | United States | 22 |
| 5 | United States | 19 | |
| 6 | Intel Capital | United States | 18 |
| 7 | Klarna | Sweden | 17 |
| 8 | Axel Springer | Germany | 16 |
| 9 | Delivery Hero | Germany | 16 |
| 10 | Cisco | United States | 14 |
| 11 | Microsoft | United States | 14 |
| 12 | ProSiebenSat1 Media SE | Germany | 13 |
| 13 | Mail.ru Group | Russia | 13 |
| 14 | Spotify | Sweden | 13 |
| 15 | SAP | Germany | 13 |
| 16 | IBM | United States | 13 |
| 17 | Just Eat | UK | 12 |
| 18 | United States | 12 | |
| 19 | Embracer Group | Sweden | 12 |
| 20 | eBay | United States | 12 |
Exits by target country
European targets · click a countryExits by target country — interactive chart.
All exits
8,897 matching
| Company | Target country | Sector | Type | Acquiror(s) | Acquiror HQ | Value | Date |
|---|---|---|---|---|---|---|---|
| Earkick | United States | Healthtech | Acquisition | Elomia Health | Ukraine | undisclosed | 2026-11 |
| Kinver | Norway | Software | Acquisition | CO3 | Germany | undisclosed | 2026-11 |
| SkipLabs | France | Software | Acquisition | Mistral AI | France | undisclosed | 2026-11 |
| — | — | — | Acquisition | Upwork | United States | undisclosed | 2026-11 |
| Konstl | Switzerland | Hardware | Acquisition | Technis Group | Switzerland | undisclosed | 2026-11 |
| — | — | — | Acquisition | Conrad Electronic Group | Germany | undisclosed | 2026-11 |
| — | — | — | Acquisition | TrollWall AI | Slovakia | undisclosed | 2026-11 |
| — | — | — | Acquisition | Nordtech Group | Sweden | undisclosed | 2026-11 |
| Intermobility | France | Transportation | Acquisition | Greentech Alliance | Germany | undisclosed | 2026-10 |
| Daily&Co | Portugal | E-commerce | Acquisition | Lengow | France | undisclosed | 2026-10 |
| Jenni AI | United States | Edtech | Acquisition | Digital Science | UK | undisclosed | 2026-10 |
| 3D AI Studio | Germany | Software | Acquisition | saas.group | Germany | undisclosed | 2026-10 |
| — | — | — | Acquisition | Guidewire | United States | undisclosed | 2026-10 |
| — | — | — | Acquisition | Kennedy Lewis Investment Management | United States | undisclosed | 2026-10 |
| Veck | United States | AI | Acquisition | Evertrace | Denmark | undisclosed | 2026-10 |
| pro-ven | UK | Consumer | Acquisition | Naboo | France | undisclosed | 2026-10 |
| peregrine.ai | Germany | Software | Acquisition | YellowFox | Germany | undisclosed | 2026-10 |
| — | — | — | Acquisition | Destinus | Netherlands | undisclosed | 2026-10 |
| — | — | — | Acquisition | Standard Chartered | UK | undisclosed | 2026-10 |
| rhome | Germany | Software | Acquisition | Workflex | Netherlands | undisclosed | 2026-10 |
| WoodWing | Netherlands | Software | Acquisition | Omnidocs | Denmark | undisclosed | 2026-10 |
| — | — | — | Acquisition | Provinzial | Germany | undisclosed | 2026-10 |
| New Material | UK | AI | Acquisition | Mistral AI | France | undisclosed | 2026-10 |
| — | — | — | Acquisition | 3Pay | France | undisclosed | 2026-10 |
| — | — | — | Acquisition | Intuit | United States | undisclosed | 2026-10 |