Clairfield H1 2025: Solid deal flow, growth, and momentum
Clairfield International reported steady performance in the first half of 2025, with strong deal activity across sectors and regions despite a cautious global M&A environment. Notable transactions, new partnerships, and increased visibility in global rankings underline Clairfield’s continued momentum as a leading midmarket advisor.
Despite the broader market downturn, Clairfield activity remained resilient. Our firm was supported by a diverse client base of founder-led businesses, corporates, and financial sponsors. Clairfield advised on more than 80 closed transactions in H1, including several high-value deals that highlight the breadth of our firm’s capabilities:
The sale of Life Healthcare to Lantheus for EUR 719 million in South Africa.
The EUR 250 million acquisition by HomeToGo of Interhome in Switzerland.
The sale of French IT company Solutec to Aubay.
The sale of a minority stake in Mantero, a premium Italian textile company, to French fashion house Chanel.
The sale of a minority stake in Brazilian fragrance company Vollmens to Switzerland-based Givaudan.
Advisory to renewable energy platform Exxaro, transaction value of EUR 800 million, in South Africa.
The acquisition by Richards, a Canadian leader in healthcare packaging, of the Australian Dermapenworld.
Advisory on senior debt financing for German solar engineering firm GigaGreen.
The acquisition by luxury packaging specialist ISEM of Spanish company Egisa.
Our track record continues to be recognised by the financial press. Clairfield has been ranked among the top firms in H1 2025 global and emerging market league tables published by LSEG. These include placements in Latin America, Japan, South Africa, sub-Saharan Africa, the Middle East and North Africa, and Italy.
In H1 Clairfield further strengthened our global platform through new partnerships and expanded European coverage:
- In Spain, the ILV Silver team integrated the existing Clairfield team in Barcelona to create a nationwide presence. The combined team of 80 professionals offers M&A, transaction services, and valuation from Madrid and Barcelona.
- In Germany, Saxenhammer became Clairfield’s partner, adding operations in Berlin, Frankfurt, and Munich. The German team of more than 45 professionals brings expertise in M&A, debt advisory, distressed transactions, and real estate advisory.
- In Italy, our partner Equita expanded through a partnership with BZM, an independent advisory boutique based in Padua, reinforcing corporate finance capabilities in Northern Italy. Equita also acquired a 70% stake in CAP Advisory, a leading financial advisory boutique that specialises in debt advisory, including debt restructuring, turnarounds, and capital structure optimisation.
This year we have focused on showcasing our buy-side insights through two recent publications: Outlook 2025: Buy, Build, Rise, an in-depth look at buy-and-build strategies, and The LatAm M&A Handbook, a regional guide for investors considering acquisitions in Latin America.
Talent development continues to be a top priority. We welcomed junior professionals from all over the world to the Clairfield Academy Structured Training in Copenhagen and look forward to their return for the second level in Prague this September. The online training platform and internal knowledge-sharing initiatives further support excellence across the firm.
“We remain focused on building long-term value for clients, especially in today’s more complex environment,” said Alex Klemm, chair of Clairfield International. “Our strong deal flow, cohesive international outreach, and sector expertise ensure we can support clients through uncertainty and change, and continue delivering successful outcomes.”
