Select articles by NKP | M&A Insights

August 28, 2026

We're tracking 26 emerging and live situations across European building security & safety services platforms - most of these are not in the public domain and are still early days. Our latest deep dive maps them, alongside key valuation outcomes and a comprehensive ownership landscape.

July 10, 2026

This website edition maps valuation outcomes and consolidation dynamics across European defence platforms with exposure to the European rearmament, with a particular focus on Northern Europe (the UK, DACH, Benelux, and the Nordics).

June 2, 2026

This subscriber edition maps valuation outcomes and consolidation dynamics across European Infrastructure Services platforms, with a particular focus on Northern Europe (the UK, DACH, Benelux, and the Nordics), and highlights where M&A activity is currently forming.

May 4, 2026

This subscriber edition maps valuation outcomes and consolidation dynamics across primarily Northern European Accounting Services Platforms - and highlights where M&A activity is currently forming. Based on a set of observed transactions (2018–2025) and NKP | M&A Insights’ proprietary tracking of emerging situations, we show why Accounting Services is not a single valuation category and what structurally drives dispersion across sub-segments. The analysis is intended to support investors and advisors in understanding both current valuation benchmarks and the forward pipeline of potential opportunities as currently observed (as of 4 May 2026).

February 26, 2026

Across transactions between 2018 and 2026, EV/EBITDA outcomes for Testing, Inspection, Certification & Compliance (TICC) platforms have ranged from approximately 6x to the high-20s. This dispersion reflects structural positioning rather than market timing - with asset-intensive industrial inspection businesses trading very differently from embedded, recurring compliance ecosystems built around regulatory mandates, accreditation barriers and disciplined buy-and-build strategies.

February 10, 2026

Fund administration platforms have become a core area of focus for private equity and strategic buyers, yet valuation outcomes vary far more than the headline “fund services” label suggests. Based on recent transactions across Europe and the US, this analysis examines where fund administrators have actually traded, why dispersion is structural rather than cyclical, and what buyers are really paying for.

February 6, 2026

A valuation deep dive into GRC SaaS platforms, analysing historical transactions and what drives EV/Sales and EV/EBITDA outcomes across governance, risk and compliance software.