Finnish M&A market update 2024

With 2024 behind us, it is time to reflect the past year and shift our focus to what lies ahead. The fourth quarter of 2024 brought positive momentum to the Finnish M&A market, with deal volumes hitting their highest level since Q1 2023. The decreasing interest rates seen in 2024 have resulted in lower financing costs for buyers. This combined with the improving economic conditions, is expected to drive an uptick in deal activity as confidence in the market strengthens. We expect a surge in transaction volumes as companies capitalise on opportunities, offering an encouraging forecast for 2025. 

Key observations from our report: 

  • The Finnish M&A market is demonstrating many signs of recovery, indicating an improving outlook for transactions. Overall, the economic outlook has improved fostering optimism among investors and businesses. 
  • Transactions involving private equity-backed companies are anticipated to increase, as the number of mature portfolio companies continues to grow, and private equity firms start to leverage the improving market conditions. 
  • The Finnish IPO market is expected to become more active during 2025, reflecting increased investor confidence and a more favorable market environment. 

Read the full report

Contact us

Kauko Storbacka

Kauko Storbacka

Partner, CEO, PwC Finland

Tel: +358 (0)20 787 7368

Kimmo Vilske

Kimmo Vilske

Partner, Corporate Finance Leader, PwC Finland

Tel: +358 (0)20 787 7938

Ilkka Simula

Ilkka Simula

Partner, Deals Leader & Private Equity Leader, PwC Finland

Tel: +358 (0)20 787 8522

Sari Elonheimo

Sari Elonheimo

Partner, Capital Markets and Accounting Advisory Services, PwC Finland

Tel: +358 (0)20 787 7289

Marko Koski

Marko Koski

Partner, Transaction Services, PwC Finland

Tel: +358 (0)20 787 8745

Aitor de la Torre

Aitor de la Torre

Partner, Deals Value Creation Lead, PwC Finland

Tel: +358 (0)40 830 7503

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