Finnish M&A market update Q3 2024

In the third quarter of 2024, the Finnish M&A market activity remained modest due to the challenging environment. However, as market conditions improve, we forecast a slight increase in Finland’s M&A transaction volumes for the remainder of the year, followed by further growth from 2025 onward.

Key observations from our report:

  • M&A activity in Finland remained modest during Q3 2024, following the global trends of declining transaction volumes
  • Several strategic reviews were completed, with new processes expected to emerge, indicating future M&A activity
  • Pressure for private equity exits is building up, and corporates are shifting their focus from divestitures and spin-offs to mergers and acquisitions 
  • We are emerging from a downturn, as inflation and interest rates continue to decrease
  • As GDP rises and unemployment declines, business confidence is expected to improve, stimulating greater activity in the Finnish M&A market
  • In Q3 2024, we witnessed the first IPOs of 2024 in Finland
  • Improving market conditions and lower market volatility are expected to reopen the IPO window in Finland

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, Transaction Services 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

Stay connected