Clearwater International Multiples Heatmap Q1 2021
28 May 2021
Unquote is pleased to present the Clearwater International Multiples Heatmap, published in association with Clearwater International. The report identifies key themes driving European Private Equity (PE) deals’ EV/EBITDA multiples on a quarterly basis.
In this issue:
- European overview: A renewed sense of confidence in the European PE market is reflected in a steady increase in valuations over the course of the year. Deal multiples saw four consecutive quarterly increases to reach 11.5x in the first quarter of the year – a new high.
- Spotlight on the Nordic region: The Nordic PE market continued to see record levels of deal value in Q1, with valuations soaring even higher as the pandemic-driven uncertainty is giving way to optimism in many sectors.
- Healthcare sector focus: Reinvigorated by the massive boost in financing and attention received with the spread of the pandemic, the healthcare sector saw multiple valuations pick up in Q1 2021 and hit a record high of 13.7x.