# Clairfield > Defined by your success ## Posts - [Clairfield recognised in Q3 league tables amid strong crossborder activity](https://www.clairfield.com/clairfield-recognised-in-q3-league-tables-amid-strong-crossborder-activity/): Q3 was an active and rewarding quarter for Clairfield transaction activity. We have closed over 130 deals year to date, with 46% being crossborder, including landmark deals in the consumer, industrial, and energy sectors. Q3 also brought strong momentum across the partnership. Our newest partner in Finland expands Clairfield’s Nordic reach, while the Clairfield Academy workshop in Prague fostered the next generation of Clairfield talent. We shared our LatAm expertise in a webinar for clients and investors interested in acquisition opportunities across the region, and will soon gather in Tokyo to strengthen crossborder ties and deepen our reach in Asia’s … - [Clairfield and UB Corporate Finance announce partnership expanding footprint in the Nordics](https://www.clairfield.com/clairfield-and-ub-corporate-finance-announce-partnership-in-the-nordics/): Clairfield and UB Corporate Finance join forces in Finland Clairfield International, a top-ranked European-based global corporate finance partnership, and UB Corporate Finance, a Finnish investment banking boutique and wholly owned subsidiary of United Bankers, an asset management and investment firm listed on Nasdaq Helsinki, are pleased to announce a formal partnership. Effective 1 October, UB Corporate Finance has become Clairfield’s exclusive partner for Finland, adding direct access to Finland’s corporates, investors, and start-ups, as well as to Nordic companies through its role as a certified advisor on Nasdaq First North. The firm brings strong expertise in M&A as well as … - [Sector snapshot: defence technology](https://www.clairfield.com/sector-snapshot-defence-technology/): Defence technology has become one of the most strategically significant sectors worldwide. Persistent geopolitical tensions, rapid technological disruption, and renewed rearmament cycles are reshaping defence industries and investment landscapes. Global defence sales are at an all-time high. Technology superiority has become a strategic priority, with a focus on AI, space, autonomy, cyber, and hypersonics. The defence-tech ecosystem is expanding rapidly, fuelled by record levels of VC/PE investment and dual-use innovations that connect military and commercial applications. This latest Clairfield sector report includes a global market overview, key sector trends, M&A volumes and notable transactions, dual-use possibilities, and leadership voices giving … - [Acquisitions in Latin America: Lessons from the field](https://www.clairfield.com/acquisitions-in-latin-america-lessons-from-the-field/): This webinar offers practical advice and real-life learnings for executives considering acquisitions in Latin America. Building on our recently published LatAm M&A Handbook, we will explore the opportunities for investors prepared to navigate the region’s complexities. Following a short overview of the M&A landscape in Argentina, Brazil, and Mexico, our experts and guest speakers will share candid perspectives on what worked, what didn’t, and where the best opportunities lie. Luiz Penno Jorge Calvo Miguel Arrigoni Register here   - [Clairfield H1 2025: Solid deal flow, growth, and momentum](https://www.clairfield.com/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 … - [China’s 2025 outbound investment outlook](https://www.clairfield.com/chinas-2025-outbound-investment-outlook/): As H1 closes, Clairfield’s Jenny Zeng, head of the global China desk, shares her expert perspective on the outlook for China’s outbound M&A in 2025 and beyond. The global M&A market has been in decline since 2022, following a record-setting surge in 2021. The downturn was primarily driven by rising interest rates, economic uncertainty, and geopolitical tensions. China’s M&A market is no exception. Since the COVID-19 pandemic, the Chinese economy has faced unprecedented challenges, including slowed GDP growth, weak consumer spending, an ageing and declining population, ongoing political and trade tensions with the West, and debt burdens borne by the … - [Clairfield International expands presence in Germany with leading entrepreneur-focused M&A advisory firm Saxenhammer & Co](https://www.clairfield.com/midmarket-ma-germany/): Clairfield and Saxenhammer unite in Germany Clairfield International is pleased to announce the expansion of its German presence through collaboration with Saxenhammer, a top 10 M&A advisory firm specialising in entrepreneur-driven transactions in the midmarket. In Frankfurt, Saxenhammer will integrate the existing Clairfield team. A complementary partnership for mid-market clients The new partnership combines Clairfield’s established track record in crossborder transactions for major international clients with Saxenhammer’s dynamic reach into Germany’s vibrant founder-led business segment, debt advisory and special situations M&A. Saxenhammer’s focus on entrepreneurial businesses complements Clairfield’s strong experience advising medium to large corporate groups and private equity investors, … - [The Clairfield LatAm M&A Handbook: A guide to successful acquisitions in Latin America](https://www.clairfield.com/latam-ma-handbook/): LatAm M&A Handbook A practical guide to successful acquisitions Our latest publication explores the M&A landscape in Latin America, with a particular focus on Argentina, Brazil, and Mexico. Country by country, we explore: Complete the below form to receive your copy.   - [Sector snapshot 2025: cybersecurity](https://www.clairfield.com/sector-snapshot-2025-cybersecurity/):     Joseph Sabet “Cybersecurity in 2025 is no longer optional; it’s a global priority tied directly to national security and economic survival. The demand for solid cyberattack prevention and protection has never been greater,” says Joseph Sabet, head of Clairfield’s global cybersecurity practice. Cyber threats have escalated through 2024 and into 2025, with global cybercrime losses expected to exceed US$13 trillion by the end of next year. From ransomware and phishing to deepfake-enabled scams, attacks are increasingly sophisticated and more damaging than ever. At the individual level, organisations are investing more in employee training, multi-factor authentication, and zero-trust systems … - [Clairfield supports young talent at MICFootball 2025 through the ISL Foundation](https://www.clairfield.com/clairfield-supports-young-talent-through-isl-foundation/): At Clairfield, we are committed to youth development, well-being, and the importance of sport for young people. We are especially proud to support the continued rise of the women’s soccer game. This year, through the ISL Foundation, Clairfield funded two young athletes — goalkeeper Ona Valencia and midfielder Zoe Segura — to take part in the prestigious MICFootball 2025 international tournament, where they represented Team ISL in the Girls’ U16 category. MICFootball (Mediterranean International Cup) is one of the world’s premier youth football tournaments and was held from 16–20 April across 43 municipalities in Spain. It featured more than 1,000 … - [Clairfield expands its operations in Spain with the integration of ILV SILVER’s M&A activities](https://www.clairfield.com/clairfield-expands-operations-in-spain-with-integration-of-ilv-silver/): Clairfield International, a top-ranked global corporate finance firm, is pleased to announce a strengthened presence in Spain through the integration of ILV SILVER’s M&A activities with Clairfield in Spain. This operation brings together a robust M&A team based in Barcelona, Madrid, and Lisbon under the Clairfield brand. The unified team combines the local reach and transaction services capabilities of ILV SILVER with Clairfield’s track record in M&A advisory. ILV SILVER’s strong position in transaction and legal services offers access to Spanish clients at early stages of their M&A journeys and complements Clairfield’s international dealmaking reach, creating a platform with greater … - [Buy, build, rise – how Impact Partners does it](https://www.clairfield.com/buy-build-rise-how-impact-partners-does-it/): In this interview from our Outlook 2025 series on Buy & Build strategies and the transformative power of acquisition to reshape and elevate business, we talk to Mathieu Cornieti who launched Impact Partners, the first European investment platform dedicated to impact investing, 18 years ago when impact investing was groundbreaking, visionary, and niche. Life is short, he says. They wanted to “use the power of entrepreneurship to solve social issues now instead of waiting for retirement to give back. Being an impact fund means we aim to create both financial and social performance with every investment. We actively look for … - [Global building products sector report](https://www.clairfield.com/global-building-products-sector-report/): Tom McCarthy Peter Waplington Liam Hadfield Our industrials sector co-head, Tom McCarthy, together with Peter Waplington and Liam Hadfield, analysed the M&A activity of the global building products sector. The Clairfield Building Products Index rose by 142% in the 10 years to May 2025, outperforming the MSCI World Index (+ 106%). Steady market growth (CAGR of 4.5% 2024A through to 2033E) is forecasted and supported by resilient global construction, infrastructure spending, and urbanisation. The lightweight building materials sub-sector remains the most active as sustainable materials have become a key value driver. Read the full report here:     - [Buy, build, rise – how Odine does it](https://www.clairfield.com/buy-build-rise-how-odine-does-it/): One year ago, Odine successfully listed on the Istanbul Stock Exchange — a major milestone in the company’s 25-year journey, and our Clairfield team in Turkey was proud to support this transformative step. To reflect on and mark a year since going public, we sat down with Odine’s chairman and CEO, Alper Tunga Burak, to discuss the impact of the IPO, how Odine is scaling its innovation and global presence, what’s changed since, and what comes next. Alper Tunga Burak shares, “The IPO marked a pivotal moment. With over 3.2 million investors and an offering that was oversubscribed by 6.13 … - [Clairfield in Italy acquires 70% of CAP Advisory and strengthens debt advisory offering in Italy and worldwide](https://www.clairfield.com/clairfield-in-italy-acquires-70-percent-of-cap-advisory/): EQUITA, the leading independent investment bank and Clairfield’s exclusive partner in Italy, acquired a 70% stake in CAP Advisory S.r.l., a specialist in debt and restructuring advisory, for EUR 6.0 million. The remaining 30% is subject to put and call options exercisable from 2028. The acquisition boosts EQUITA’s capabilities in corporate restructuring and distressed M&A and further positions the firm as a go-to advisor for entrepreneurs, corporates, and institutions throughout the business lifecycle. CAP Advisory was founded by Fabrizio Viola, Fabio Cassi, and Matteo Pattavina. The firm focuses on restructuring and distressed M&A transaction advisory, short-term cash flow diagnostics, financing … - [Sector snapshot: fashion and luxury](https://www.clairfield.com/sector-snapshot-fashion-and-luxury-2025/): This fashion and luxury sector snapshot by the Clairfield team in Italy highlights the evolving trends, recent M&A activity and looks at the stock performances and valuations. Last year M&A transaction volume in the Italian luxury goods market declined by 21.7% but a rebound is expected this year. Over the last five years, the global fashion and luxury market showed overall growth of about 28% though it faces challenges this year. Global luxury consumers are showing restraint this year. Online and resale platforms are expected to grow in coming years, as are luxury experiences including travel and wellness. Read the … - [Buy, build, rise – how cbs Consulting does it](https://www.clairfield.com/buy-build-rise-how-cbs-consulting-does-it/): In the next interview of our Outlook 2025 series on Buy & Build strategies and the transformative power of acquisition to reshape and elevate business, we talk to Rainer Wittwen, CEO of cbs Consulting, a leading SAP consultancy and part of the Materna Group, which specialises in digital business processes, employs 1,500 people, and generates an annual turnover of around EUR 270 million. Rainer shares his recipe for success, the journey that led him into the digital consulting industry, and cbs Consulting’s impressive buying and building history. He says, “Our growth has been steady and consistent, with the company almost … - [Buy, build, rise – how Phenna does it](https://www.clairfield.com/buy-build-rise-how-phenna-does-it/): In the next interview of our Outlook 2025 series on Buy & Build strategies and the transformative power of acquisition to reshape and elevate business, we talk to Jonathan Harrison, group head of corporate development and M&A at the Phenna Group, a global provider of testing, inspection, certification, and compliance (TICC) services, with operations across more than 100 locations and revenues of over EUR 600 million. Jon shares how Phenna operates with the commercial discipline of an investor-backed company while maintaining the flexibility and agility of a founder-led company. He discusses how the business is structured around five verticals, which … - [Top 5 strategies for successful acquisitions in emerging markets](https://www.clairfield.com/top-5-strategies-for-successful-acquisitions-in-emerging-markets/): Our regional experts, who know these markets inside and out, share their advice on mitigating risks in these diverse business environments, from early detection of red flags to adjusting accounting data. There is no substitute for working with in-country advisors who possess the local knowledge and expertise to guide critical judgment calls. We thank our regional experts who contributed to this article and shared their strategies in overcoming these hurdles. In Brazil luiz Penno, in Thailand Tawikarn Kingthong, in Turkey Muge Tuna, in Mexico Luis Coria, in Vietnam Dung Chau, in Argentina Giselle Picardo, in South Africa Dipeel Parbhoo, in … - [Buy, build, rise – how Nordic Climate Group does it](https://www.clairfield.com/buy-build-rise-how-nordic-climate-group-does-it/): Having completed 17 transactions in 2023 and a further 17 deals in 2024, Alexander Vitols, head of M&A at Nordic Climate Group, knows a thing of two about the business of buying and building. In this interview Alexander Vitols talks about the wide range of industries that HVACR is involved in, such as the precision cooling systems required by the marine industry; about the shift towards natural refrigerants and the importance of sustainability; about being at the forefront of driving change, becoming more energy efficient, and being a niche industry with a broad customer base. As a leading provider of … - [Clairfield expands its partner team with Rob Speek and Wouter Giard](https://www.clairfield.com/clairfield-expands-partner-team-rob-speek-wouter-giard/): Clairfield has strengthened its partner team in the Netherlands with the appointment of Rob Speek and Wouter Giard. Following the celebration of its 20th anniversary last year, Clairfield remains ambitious and committed to growth. In their new roles, Rob and Wouter will play a key part in driving Clairfield’s expansion in the Dutch market. Strengthening Clairfield’s leadership team “With Rob and Wouter, we are bringing on board two highly experienced professionals who not only possess deep expertise in M&A and private equity but also align perfectly with Clairfield’s culture and client focus,” says Frank de Lange, founder of Clairfield Netherlands. … - [Sector snapshot H2 2024: specialty chemicals](https://www.clairfield.com/sector-snapshot-h2-2024-specialty-chemicals/): Tom McCarthy Our industrials sector co-head Tom McCarthy recently took a look at the specialty chemicals sector. Positively, he noted an uptick in larger deal values. Transactions valued above US$500 million doubled from 3 in H1 2024 to 6, while activity in the US$100–500 million range also experienced growth. Despite difficult trading conditions there are encouraging signs of increasing appetite for M&A in the sector, particularly in the APAC region. Transaction activity within this sector during the second half of 2024 reached 148 deals, marking a 7% increase compared to the first half of 2024, in line with the long-term … - [Buy, build, rise – how Confirma Software does it](https://www.clairfield.com/buy-build-rise-how-confirma-software-does-it/): Continuing our interview series on buy & build strategies and the transformative power of acquisitions to reshape and elevate business, we spoke with Jarle Mork, CEO of Confirma Software, for his views on scaling a business through M&A. Jarle shares Confirma’s remarkable journey through 25 acquisitions and counting — each with its own background and culture. He identifies three factors for success in acquisitions: understanding the true drivers and sustainability of growth by digging deeper into the numbers, outperforming competitors in execution, and speaking the same language both figuratively and literally. Jarle says, “The only true measure of growth is … - [Buy, build, rise – how Zetwerk does it](https://www.clairfield.com/buy-build-rise-how-zetwerk-does-it/): When it comes to the growth of Zetwerk, “there’s so much happening; it’s hard not to feel optimistic about the future.” This is one of many observations on the success of buying and building by visionary business leaders shared in the pages of the Clairfield Outlook 2025. This year’s focus: Buy, build, rise: The power of acquisitions to reshape and elevate business. In our next interview, Srinath Ramakkrushan, co-founder of Zetwerk, an India-based contract manufacturer valued at US$2.8 billion, shares how his company changed from a startup to a manufacturing powerhouse across five major verticals in just seven years. He … - [Buy, build, rise – how Orisha does it](https://www.clairfield.com/buy-build-rise-how-orisha-does-it/): Buy, build, rise! We are pleased to present the first in our series of interviews with prominent business leaders on the power of acquisitions to reshape and elevate business. In this interview, Daniel Kofie, director of M&A at Orisha, a leading European software publisher with approximately EUR 300 million in revenues, shares his perspective on executing successful buy-and-build strategies. Daniel highlights the value of having a strong narrative behind every acquisition and explains how adaptability, innovation, and cultural alignment are key factors when assessing targets. “Orisha has a very client-centric culture. We look for those same traits when we meet … - [Sector snapshot H2 2024: HVACR Industrials](https://www.clairfield.com/sector-snapshot-h2-2024-hvacr-industrials/): Tom McCarthy Edoardo Schiavina Dirk Freiland Our industrials specialists Tom McCarthy in the UK, Edoardo Schiavina in Italy, and Dirk Freiland in Germany, analysed the activity of the second half of 2024 in the HVACR sector. The HVACR industry has been undergoing a significant phase of consolidation, driven by the push for intelligent climate and energy management solutions to meet energy transition targets. Key players like Carrier, Daikin, and Bosch have led M&A activity across the American, Asian, and European markets, respectively. American and Asian conglomerates dominate the HVACR industry. At the same time, smaller, local players focus on specific … - [Clairfield Outlook 2025: Buy, build, rise](https://www.clairfield.com/clairfield-outlook-2025-buy-build-rise/): Buy, build, rise: The power of acquisitions to reshape and elevate business This year’s publication explores how M&A advisors turn buy-and-build strategies into reality, the range of outcomes that can be achieved, and the transformative results. Plus, we spotlight acquisitions in emerging markets and share exclusive interviews on business growth from the business leaders doing it. Complete the below form to receive your copy.   - [YAMADA Consulting Group of Japan acquires a 10% stake in Clairfield International](https://www.clairfield.com/yamada-consulting-group-acquires-a-10-stake-in-clairfield/): Clairfield International (Clairfield), a global leader in midmarket corporate finance advisory headquartered in Geneva, together with YAMADA Consulting Group (YCG), a Japanese consulting and M&A advisory group listed on the Tokyo Stock Exchange, are pleased to announce that YCG has acquired a 10% stake in Clairfield. The investment strengthens the existing partnership and underpins a unique global platform to provide comprehensive advisory services for middle-market transactions worldwide. The investment was approved by the YCG board and finalised in Geneva on 10 February 2025. As part of the transaction, Yasuyuki “Luke” Kita, managing director of YCG’s crossborder M&A division, will join … - [Sector snapshot H2 2024: ICT Services M&A](https://www.clairfield.com/sector-snapshot-h2-2024-ict-services-ma/): Shah Zaki Nick Wall Partner Shah Zaki together with associate director Nick Wall, analysed the M&A activity of the second half of 2024 in the ICT services M&A. The number of ICT Services M&A transactions in H2 2024 totalled 170, increasing from 137 in H1 2024. The telecoms&networks subsector continues to be very active, accounting for 58 of thetotal transactions. Strategic buyer volumes increased as businesses regain confidence in the market. This is seen through the volume of strategic trade deals increasing from 113 in H1 2024 to 136 in H2 2024. Read the full report here: - [2024 in review: Clairfield tops best ever deal record, expands, and celebrates](https://www.clairfield.com/2024-in-review/): Clairfield International is proud to reflect on a remarkable 2024, marked by an unprecedented performance, expansion across key markets, and a major milestone — our 20th anniversary. With 236 transactions completed in 2024 and top positions in the latest M&A rankings by LSEG, we remain a trusted partner for companies pursuing midmarket transactions. Our anniversary was celebrated with a memorable event in Paris, where Clairfield’s global partners gathered to honour the past two decades of partnership and success. This 20th anniversary year was accompanied by record-breaking transaction activity, with a cumulative deal value of over EUR 14.5 billion. Our 2024 … - [Giving back together: Clairfield’s commitment to our communities](https://www.clairfield.com/giving-back-together-clairfields-commitment-to-our-communities/): In the spirit of the season, we would like to take a moment to recognise the most valuable changemakers in the world: the charities and organisations that work tirelessly to create a better future. As we close another successful and significant year, we extend our heartfelt gratitude to our clients for their support and trust in us throughout the past year. Through their continued support, we can uphold our commitment to social and environmental responsibility. Our team takes great pride in our charitable endeavours — whether through fundraising, volunteering, or offering educational and pro bono business support. We are proud … - [Handbook for M&A in Brazil](https://www.clairfield.com/handbook-for-ma-in-brazil/): Clairfield presents the Brazil M&A Handbook, a practical guide developed for foreign investors and professionals interested in exploring Brazil’s mergers and acquisitions landscape. Our guidebook provides a strategic and detailed overview of the Brazilian M&A environment, defining its complexities, identifying value creation opportunities, and explaining the most effective approaches for entering the Brazilian market. We also explore the cultural and regulatory challenges faced by investors and share inspiring M&A success stories, providing practical insights on how to overcome barriers, mitigate risks, and maximise results in M&A transactions. Throughout 2025 we will be publishing guidebooks to regional M&A. To stay in … - [Sector snapshot Q3 2024: software M&A](https://www.clairfield.com/sector-snapshot-q3-2024-software-ma/): Shah Zaki Nick Wall Partner Shah Zaki together with associate director Nick Wall, analysed the M&A activity of the first three quarters of the year in the software M&A sector. The number of software M&A transactions in Q3-24 totalled 200 with the total disclosed deal value in Q3-24 amounting to £8.5bn. The volume of strategic trade acquisitions has remained strong throughout 2024 and we expect volumes to increase as serial acquirors in the market return to their high acquisition volumes. Read the full report here: - [Sector snapshot: furniture and design](https://www.clairfield.com/sector-snapshot-furniture-and-design/): This 2024 furniture and design sector snapshot by the Clairfield team in Italy highlights the evolving trends, recent M&A activity and looks at the stock performances and valuations. Over the last decade, the market grew by 4% CAGR and is projected to stay at this pace until 2029. Sustainable design, the integration of new technologies, and smart furniture practices will play a key part in shaping this industry, adding to its value and appeal. In line with the great feedback and high numbers in attendance at this year’s Milan Design Week, the top 10 Italian groups achieved an aggregate turnover … - [China M&A market briefing: fundamental shifts](https://www.clairfield.com/china-ma-market-briefing-fundamental-shifts/): The Chinese economy is undoubtedly undergoing fundamental shifts due to a combination of factors, including slowed economic growth, ongoing political tensions with the West, a large aging population and changing demographics. Since the beginning of 2024, the capital market in China has witnessed several significant shifts in various industries and sectors. Sluggish IPO market; “public-to-private” buyout deals attracting interest. The property market crisis continues. Healthcare sector sees an “exodus” of MNCs from their traditional Chinese operations, while interest in innovative therapies grows. Technology and AI investment opportunities continue to attract strong interest despite economic headwinds. To address the economic challenges, … - [Sector snapshot H1 2024: building products & distribution](https://www.clairfield.com/sector-snapshot-h1-2024-building-products-distribution/): Tom McCarthy Peter Waplington Liam Hadfield Our industrials sector co-head Tom McCarthy, together with Peter Waplington and Liam Hadfield, analysed the M&A activity of the first half of the year in the building products and distribution sector. M&A transaction activity was on a par with the previous 18 months, reflecting the ongoing cautious nature of deal making in the sector since the deal rush of 2021 and early 2022. Read the full report here: - [Sector snapshot H1 2024: specialty chemicals](https://www.clairfield.com/sector-snapshot-h1-2024-specialty-chemicals/): Tom McCarthy Our industrials sector co-head Tom McCarthy recently took a look at the specialty chemicals sector. Transaction activity during the first half of 2024 reached a total of 136 deals, marking a 14% decline compared to the second half-year period of 2023, but in line with the long-term average of 138 deals per half year. He also notes, among market’s valuation trends and drivers, a long-term optimism within the sector, as many research companies forecast CAGR of ~5% through the 2020’s. There are some early signs of improving conditions as we move into the second half of 2024. Read … - [Clairfield celebrates 20 years as leading advisor to the global midmarket](https://www.clairfield.com/clairfield-celebrates-20-years/): Clairfield International, a leading corporate finance partnership, proudly celebrates its 20th anniversary this September. Over the last two decades, Clairfield has grown from its roots as a European-focused M&A advisor to an established global midmarket firm boasting a 400-strong team with presence in 32 countries. Since its inception, Clairfield has been committed to its mission of providing top-tier corporate finance advisory services in midmarket transactions. The firm, domiciled in Geneva, was founded in 2004 by five partners who saw the need for high-quality strategic and M&A advice tailored to the middle market, coupled with crossborder capability. The partners aimed to … - [Sector snapshot H1 2024: UK food & beverage](https://www.clairfield.com/sector-snapshot-h1-2024-uk-food-beverage/): Gary Ecob Steve Nock Clairfield partners in the UK Gary Ecob and Steve Nock share their findings in this “UK Food & Beverage Sector Snapshot.” Deal volumes in H1 2024 amounted to 61, with the majority of transactions falling in the alcoholic beverages subsector. Deal volumes were at similar levels to the comparative period last year, although slightly down on H2 2023. Click here to read the F&B industry snapshot and see some of the recent deals closed. - [Clairfield ranks #2 on financial advisory league tables in CEE](https://www.clairfield.com/clairfield-ranks-2-on-financial-advisory-league-tables-in-cee/): Clairfield’s Central and Eastern Europe team has demonstrated outstanding performance in H1, solidifying our position as leader in the region. Ranking #2 in both LSEG and Mergermarket H1 league tables, our team has successfully closed 11 deals so far this year, ranging from the sale of one of the largest Czech grocery chains to numerous software houses and dental clinics. Piotr Kolodziejczyk Piotr Kolodziejczyk, a partner in Poland, says that the market is driven by add-ons and smaller deals that are resistent to the slowdown seen for larger leveraged buyouts. He attributes Clairfield’s success to our focus on mid-sized deals … - [Insights on high-level sports and finance](https://www.clairfield.com/work-sports/): As the excitement builds for the Paris Olympics, starting on 26 July, the spotlight isn’t just on the athletes competing for medals, but also on those who juggle demanding careers alongside their sporting passions. At Clairfield, we are proud to have colleagues who excel both in the office and on the field. We asked some of our remarkable Clairfield athletes about their experiences in balancing the high stakes of M&A with the intense demands of sports training and competition. They highlight the profound impact that discipline, teamwork, strategic thinking and resilience can have across all areas of life and the … - [Clairfield H1 2024 review: Top rankings and global expansion](https://www.clairfield.com/clairfield-h1-2024-review-top-rankings-global-expansion/): Clairfield International has achieved remarkable success in the first half of 2024, closing 120 transactions YTD with a cumulative disclosed deal value exceeding US$5.4 billion, despite an industry-wide sluggish start to the year. As worldwide M&A activity increases, this performance has once again propelled Clairfield to the top of the LSEG league tables. Worldwide, in Europe, and in LatAm, Clairfield secured a leading position in the top 20, while Australia, Eastern Europe, the Nordics, South Africa, and Spain placed in the top 10 for deals under US$50 million. Our exclusive Asian partner, Yamada Consulting, ranked 5th in Japan. Such leading … - [Cybersecurity report: hot sector, but cool M&A](https://www.clairfield.com/cybersecurity-report-hot-sector-but-cool-ma/): The need for rock-solid cyberattack prevention and protection has never been greater. The practice of safeguarding systems, networks, and programmes from digital threats is crucial in today’s fast-paced, ever-evolving business landscape. In 2023, more than 400 cybersecurity-related M&A deals were completed, totalling approximately US$50 billion. However, this marked an 8% decrease from 2022 despite several deals exceeding US$1 billion in value. This sector snapshot explores the trends forecast for the next 12 months. We examine why the principle of “never trust, always verify” is essential in significantly limiting the scope of an attack, the rising costs of cyber insurance, and … - [A world in transition: EVs and battery storage](https://www.clairfield.com/a-world-in-transition-evs-and-battery-storage/): As we countdown to Clairfield’s 20th anniversary celebration in Paris, we also celebrate the remarkable progress we’ve witnessed over the past two decades. Today we can travel from Buckingham Palace to the Eiffel Tower on a single EV battery charge. This kind of innovation inspires us and drives us forward. Energy transition is one sector that stands out when we compare the M&A business today with twenty years ago. This industry — which has grown exponentially over the past two decades — now touches every business worldwide. With our extensive experience advising on M&A in energy transition, Clairfield is a … - [Clairfield in Poland announces name change from CET to Clairfield](https://www.clairfield.com/clairfield-poland-rebranding-clairfield/): Central Europe Trust (CET), one of the oldest corporate finance firms in Poland, is pleased to announce its rebranding to Clairfield International. Based in Warsaw, CET has been a respected leading transaction advisor since 1989, specialising in mergers and acquisitions, corporate finance, and raising capital for local and international clients. Throughout the firm’s illustrious history and having been part of the Clairfield group for over 15 years, Clairfield Poland consistently ranks in the top ten financial advisory firms in Eastern Europe. With expertise in healthcare, technology, and energy, the firm is focused on industries of the future. CET became a … - [20 years in the M&A business: 20 questions to ask a potential M&A advisor](https://www.clairfield.com/20-questions-to-ask-a-potential-ma-advisor/): To celebrate our two decades of collective experiences and learnings, our Australian partners share the questions they are frequently asked. The sales process is one of the most important in a company’s lifecycle, so choosing the right advisor and asking the right questions is imperative to achieving success. An advisor’s role is to take the stress out of an engagement for the client, and it is this understanding that underpins Clairfield’s ethos of achieving more for its clients. Clairfield in Australia’s non-executive director Paul Keehan and associate director Michael Kakanis, along with Clairfielders around the globe, have compiled the 20 essential … - [Clairfield International announces new partner in Argentina](https://www.clairfield.com/clairfield-international-announces-new-partner-in-argentina/): Clairfield International, a top-ranked global corporate finance advisory provider, and First Capital Group, Argentina’s largest corporate financial advisory firm, are pleased to announce a partnership to expand their M&A advisory capabilities and services across Argentina. First Capital Group joins Clairfield’s LatAm partners in Brazil and Mexico, strengthening Clairfield’s coverage in this vibrant region. First Capital Group offers M&A, valuation, debt restructuring, securitisation, corporate debt issuance, capital markets, and wealth management services. With a team of over 100 finance professionals divided into three group companies, First Capital Group is a leader in Argentina. From 2000 to 2013 the firm served as … - [Clairfield's 20th anniversary countdown: celebrating two decades of excellence](https://www.clairfield.com/celebrating-two-decades-of-excellence/): Over the next twenty weeks, we are highlighting the most significant aspects of our two-decade journey in corporate finance advisory. Our story began in 2004 when the Clairfield partnership was established in France, the UK, Italy, Spain, and the US, based on the principles of independence, crossborder capability, and entrepreneurial advisory. The founding firms quickly expanded to include Germany, Australia, and Benelux, bringing expertise and a global perspective to the midmarket sector. As Clairfield has grown by welcoming knowledgeable partners in key markets, we remain committed to preserving our core strengths: entrepreneurial spirit, local expertise, and strong bonds across the … - [Nordic software report Q1 2024: robust deal volume](https://www.clairfield.com/nordic-software-report-q1-2024/): The Q1 2024 report shows an increase in deals by Nordic buyers, noting that more than 60% of the deals had Nordic buyers. Private equity acquired around 60% of the targets, either as platforms or add-ons, while trade buyers acquired the remaining 40%. The Nordic region’s deal volume in Q1 2024 totalled 28 software deals, slightly below Q4 2023 and +27% compared with Q1 2023. Denmark was the most active country in terms of deal numbers, followed by Sweden and Finland, respectively.   Anders Strand and Juha Raunio lead our top-ranking Nordic software team. Anders Strand Juha Raunio Read the … - [UK: Logistics and Supply Chain Management Snapshot 2023](https://www.clairfield.com/uk-logistics-supply-chain-management-snapshot-2023/): In the UK, M&A deal volumes decreased slightly in 2023, with 87 deal completions compared to 95 in 2022, representing an 8% decrease. Encouragingly, the international appetite for UK businesses made a comeback in 2023, despite a slowdown in strategic deal volumes. This resurgence, coupled with the ongoing trend of private equity acquiring listed businesses, provides evidence that the market is undervaluing the sector. Click here to read the full report and find out more insights about: For more information on this sector, debt, restructuring, buyside, sellside, and corporate finance advisory in the UK, contact: Gary Ecob Liam Hadfield - [Clairfield announces IPO of Odine for Istanbul Stock Exchange](https://www.clairfield.com/ipo-odine-istanbul/): Clairfield is pleased to announce the IPO of our client Odine on BIST Star of the Istanbul Stock Exchange, Türkiye’s premier securities exchange. The Clairfield team in Turkey provided advisory on the listing. About Odine Odine is a fast growing, end-to-end SaaS/PaaS and global communication solution partner that provides network software solutions and engineering services for telecom operators worldwide. Odine provides value-added advice on the transition of legacy networks to cloud-centric virtualized infrastructures and contributes to the 5G/6G ecosystem. Founded in 2000, Odine has approximately 100 highly talented team members operating from regional offices in Istanbul, Prague, and Dubai. The … - [Sector snapshot H2 2023: specialty chemicals](https://www.clairfield.com/sector-snapshot-h2-2023-specialty-chemicals/): Tom McCarthy Our industrials sector co-head Tom McCarthy recently took a look at the specialty chemicals sector. He notes that deal volumes reached their highest point since the heady days of 2021. The specialty chemicals market saw 30% more deals completed in the second half of 2023 compared to the first half of the year. The foot came off the brake pedal as deals that had taken longer to finalise in the latter part of 2022 and early part of 2023 completed. While there was an element of the market playing catch-up due to prolonged deals, there were also encouraging … - [Sector snapshot H2 2023: UK food & beverage](https://www.clairfield.com/sector-snapshot-h2-2023-uk-food-beverage/): Gary Ecob Steve Nock Clairfield partners in the UK Gary Ecob and Steve Nock share their latest findings in this “UK Food & Beverage Sector Snapshot.” H2 2023 shows an increase in deal volumes, with transactions involving international investors reaching their highest level since H1 2021. H2 also saw an uplift in standalone private equity investments, with PE involvement in ‘take private’ deals being a noticeable feature in the period. Click here to read the F&B industry snapshot and see some of the recent deals closed. - [What’s next for AI? Glauco Bigini emphasises the transition from competition to collaboration](https://www.clairfield.com/whats-next-ai/): One of the hottest topics of the moment is the rise of artificial intelligence, concerns around safety, and whether robots will eventually replace people. In this enlightening interview, Glauco Bigini, chief of technology at e-Novia, talks about how technology is changing the way we work and emphasises the importance of collaboration rather than competition to future-proof businesses. On the theme of “what’s next?” in the fast-moving tech industry, Glauco says, “With GenAI, we have completed the puzzle: we have automation tools for every task, sensing, motion, vision, and now text production. We must change our mindsets to realise that every … - [Sector snapshot H2 2023: Electric mobility](https://www.clairfield.com/electric-mobility-sector-update-h2-2023/): We have recently completed the second instalment of our mobility sector report, which focuses on the latest developments in the global electric vehicle market. This is an update to the H1 report, published in August 2023, and captures comprehensive market activity and key sector highlights throughout H2 2023. In this update, you will find a detailed analysis of the battery sub-sector and the value chain of the key components in this crucial part of the EV ecosphere. EV investors will be interested to see the varying investments into batteries from household names such as Volkswagen, Nissan, and Jaguar Land Rover. … - [Clairfield Outlook 2024: What's Next?](https://www.clairfield.com/clairfield-outlook-2024-whats-next/): This year’s Clairfield Outlook is entitled “What’s Next?” and explores forward-thinking and fundamental themes in the business world. In a series of interviews with business and thought leaders, we asked them about their essential strategies for staying ahead of the competition, how to capitalise on new opportunities, how they are ensuring their businesses are future-ready, what this means, and how to navigate challenges. This edition features their collective insights and presents a multifaceted view of what’s next for their businesses and sectors. Clairfield chair Alexander Klemm says, “This year will mark a significant milestone in our firm’s journey as we … - [What’s next? How one radical scientist is redefining sustainability](https://www.clairfield.com/whats-next-how-one-radical-scientist-is-redefining-sustainability/): Through a series of exclusive interviews with some of our business leaders and changemakers, Clairfield’s Outlook 2024 explores “What happens next” across all sectors. At the heart of these interviews is an emphasis on sustainability and ESG practices, leading towards a brighter and more responsible future. In this illuminating interview, radical scientist, professor, and pioneer of the Cradle to Cradle concept, Michael Braungart, shares his groundbreaking work inspiring design change and innovative methods to capture CO2 for and from production, alongside finding climate-positive organic solutions. He highlights start-ups like NUVI for merging design with innovation by creating scalable next-generation bio-based … - [Sector snapshot Q1 2024: Nutritional and personal digital health apps and supplements](https://www.clairfield.com/nutritional-and-personal-digital-health-apps-and-supplements/): Dirk Middelhoff Marc Daniels Konstantin Zygan Robin Wagenbrenner Sales in the fitness app market are expected to be around EUR 6.3 billion in 2024 while the vitamins and minerals market will reach around EUR 27.9 billion. In this Clairfield sector snapshot, we look at the key drivers and technologies as well as M&A activities in the personal digital health apps and nutritional supplements segment. This report is the first in a series of four that provide insights into how medtech sectors are converging to create a more interconnected, efficient, and patient-centred healthcare ecosystem. Read the full report here.   - [Clairfield launches debt advisory practice in France led by Bénédicte Leneveu](https://www.clairfield.com/clairfield-launches-debt-advisory-practice-in-france-led-by-benedicte-leneveu/): Clairfield in France is expanding its services to companies, their shareholders, and private equity funds by adding debt advisory expertise led by Bénédicte Leneveu, founder & CEO of Pretium Partners. True to its international DNA and commitment, Clairfield aims to provide borderless financing solutions in an increasingly sophisticated and pan-European market. Bénédicte Leneveu will contribute to building a coordinated debt advisory practice in France and across different offices, delivering best-in-class advice on structuring, and fundraising locally and for cross-border transactions. Bénédicte Leneveu joins Clairfield as Partner Debt Advisory. She has more than 25 years of experience in financing and debt … - [Clairfield International and Rand Merchant Bank announce a formal M&A advisory partnership spanning 32 countries](https://www.clairfield.com/clairfield-international-and-rand-merchant-bank-announce-a-formal-ma-advisory-partnership-spanning-32-countries/): Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Rand Merchant Bank (RMB), a division of FirstRand Bank Limited (part of FirstRand Limited, the largest financial services group by market capitalisation in Africa), are delighted to announce that they formally agreed to partner, marking both firms’ commitment to global expansion and delivery of top-quality corporate finance advisory solutions for clients. This partnership will position RMB as the gateway for Clairfield clients into South Africa, Nigeria, and the broader sub-Saharan African market, while Clairfield opens doors for RMB into Europe, the Americas, and the Asia-Pacific region. Following from Clairfield’s successful … - [Clairfield's 2023 in review: 196 success stories](https://www.clairfield.com/clairfield-2023-in-review/): In a year marked by a global downturn in M&A activity, Clairfield has maintained top positions in financial advisory league tables. With a track record of over 195 deals announced worldwide in 2023, including many landmark deals, Clairfield ranked in the top 20 in the LSEG worldwide ranking of financial advisors. We credit our success to our committed focus on the midmarket sector, which has been more stable amid broader industry fluctuations. In addition, our increased activity in growth industry sectors, debt and ESG advisory as well as enhanced partnerships in key geographies coupled with strategic talent acquisition, has provided … - [Giving back to the community](https://www.clairfield.com/giving-back-to-the-community-2/): In this holiday season, we extend our heartfelt gratitude to our clients for their support and trust in us throughout the past year. It is through their successes that we are able to continue our commitment to social and environmental responsibility. At Clairfield we believe that true success is achieved when it is shared and used as a force for good. Our team at Clairfield takes immense pride in our charitable endeavors and longstanding partnerships with not-for-profit organisations that serve local and international needs. Whether through volunteering, fundraising, or offering educational support and pro bono business advice, we are dedicated … - [Sector snapshot H1 2023: specialty chemicals](https://www.clairfield.com/sector-snapshot-h1-2023-specialty-chemicals/): Tom McCarthy Our industrials sector co-head Tom McCarthy recently took a look at the specialty chemicals sector. He notes that M&A activity in the specialty chemicals sector is down, but not out. Specialty chemicals M&A activity has shown remarkable resilience in the first half of 2023, outperforming other industrial sectors with deal volumes nearing H2 2022 levels and only 10% below historical averages. Despite a general dip in appetite for large deals, the sector boasted five mega-deals over US$500 million, far exceeding the average and signaling strong interest in high-quality assets amidst fierce competition. Although deal completion times have stretched … - [Sector snapshot H1 2023: UK food & beverage](https://www.clairfield.com/sector-snapshot-h1-2023-uk-food-beverage/): Gary Ecob Steve Nock Our UK consumer team Gary Ecob and Steve Nock recently took a look at the food and beverage sector. They note increased caution among trade buyers while private equity is focusing on buy and build rather than new platform investments. The 14% reduction in deal volume compared to last year reflects a degree of caution amongst investors due to ongoing cost pressures in the sector and reduced consumer spend. We expect deal volumes to increase over the next six months driven by stabilising interest rates and falling inflation with market consolidation a key driver for both … - [Clairfield partner in Türkiye rebrands as Clairfield, embracing the power of our global brand](https://www.clairfield.com/clairfield-partner-in-turkiye-rebrands-as-clairfield-embracing-the-power-of-our-global-brand/): Clairfield International is pleased to announce the rebranding of Canyon Venture Partners as Clairfield Türkiye. Based in Istanbul, the firm will now operate under the Clairfield name. This strategic rebranding of Clairfield in Türkiye aims to enhance the firm’s visibility and position as part of the global Clairfield partnership, bolstering its commitment to delivering top-tier mergers & acquisitions advisory services in Türkiye. Established in 2013 through a partnership between seasoned financial executives, Clairfield in Türkiye has a collective wealth of many years of experience in finance and M&A. The senior team, comprising Metin Ar, Niso Adato, Muge Tuna, and Ceylan … - [Sector snapshot H1 2023: UK building products & distribution](https://www.clairfield.com/sector-snapshot-h1-2023-uk-building-products-distribution/): Tom McCarthy Peter Waplington Liam Hadfield Our UK industrial team Tom McCarthy, Peter Waplington and Liam Hadfield recently took a look at the building products sector. They note a dip in M&A deal volumes since last year as a result of ongoing inflation and geopolitical uncertainties, in contrast to the the robust post-lockdown M&A activity of 2021-2022. The lingering effects of stronger valuation multiples from 2021 and 2022 created gaps in expectations between buyers and sellers, with an increasing proportion of deals bridged by earn outs. Despite the challenges, international interest in the UK market remains strong, with 31% of … - [Hot topic: energy transition’s long-term influence on M&A](https://www.clairfield.com/hot-topic-energy-transitions-long-term-influence-on-ma/): Rapid evolution, increasing demand and effect on global industries have made energy a hot topic in every way. The pursuit of sustainable, affordable, and reliable energy is at the forefront of strategic considerations for businesses and industries. There is an increasing need for companies to consider mergers and acquisitions as a strategy to rebalance their carbon portfolios, and this article focuses on the Italian market as a case study. There are opportunities and challenges, but overall, what is evident when looking into the major trends in energy transformation is that this is an attractive area for investment, especially in the … - [Clairfield celebrates remarkable year of achievements and milestone anniversary in Italy](https://www.clairfield.com/clairfield-celebrates-remarkable-year-milestone-anniversary-italy/): The Italian office of Clairfield is celebrating a record year. In a span of just three days this month, the team announced the successful closing of five high-profile transactions and at the same time hosted Clairfield partners from around the globe at the Clairfield Partners' Conference in Milan. - [Clairfield advises Adevinta ASA on the sale of its Hungarian subsidiary to Ingatlan.com](https://www.clairfield.com/clairfield-advises-adevinta-asa-on-the-sale-of-its-hungarian-subsidiary-to-ingatlan-com/): Clairfield is pleased to announce the closure of Adevinta’s sale of its Hungarian online classifieds businesses Jófogás, Használtautó.hu, and Autónavigátor to Ingatlan.com, the leading real estate classifieds platform in Hungary. A joint Clairfield Hungarian/Austrian project team managed the sale process from identification of targets, preparation of investor materials, and moderation of meetings with prospective buyers to management of due diligence, support in contract negotiations, and preparation of transition issues. With revenues of EUR 1.6 billion in 2022, Adevinta ASA (ADE.OL) provides technology-based services to connect buyers with sellers and facilitate transactions from real estate to motors and consumer goods. The … - [Orbis Partners rebrands as Clairfield](https://www.clairfield.com/orbis-partners-rebrands-as-clairfield/): Birmingham-based independent corporate finance boutique Orbis Partners is rebranding as Clairfield. The rebrand marks the next chapter in a partnership that started in 2010 when Orbis became the UK partner for global investment bank Clairfield International. Orbis Partners was founded in 2006 through an MBO from Kroll Corporate Finance. Clairfield International provides advice to entrepreneurs, multinational corporations and financial investors on mergers, acquisitions, and disposals, as well as additional corporate finance services, largely in crossborder situations. Clairfield International’s team of over 300 professionals across 30 countries have completed 730 deals in the last five years totalling EUR 33 billion in deal value. … - [Electric mobility snapshot H1 2023: decoding the driving forces](https://www.clairfield.com/electric-mobility-snapshot-h1-2023-decoding-the-driving-forces/): Angus Russell Josh Knox In our latest sector snapshot, Angus Russell and Josh Knox summarise the most pertinent developments in the ever-evolving electric mobility sector. The electric vehicle market in 2023 is witnessing a dynamic interplay of various factors. Supply chain pressures, exacerbated by high energy prices, are influencing the landscape, while economic stabilization and legislative support act as driving forces for further growth. Supply-chain consolidation is becoming a notable trend, as larger players seek to absorb smaller niche companies to harness cost-saving synergies in the face of rising costs that threaten margins. Throughout the value chain, challenges are arising, … - [Clairfield ranked among top advisors worldwide](https://www.clairfield.com/clairfield-ranked-among-top-advisors-worldwide/): For Clairfield, each closed transaction  represents a client’s success story to which we are fully committed. We are pleased to share that our commitment has once again been reflected in our high rankings on the Refinitiv league tables for the first half of this year. Our dedication to finding optimal solutions, assembling exceptional teams, and leveraging our sector expertise and crossborder know-how has led to top positions in various geographies, including among the top ten in Benelux, Italy, the Nordics, Spain, and Japan through our exclusive partners Yamada Consulting. We serve a diverse client pool and this is reflected in … - [Clairfield H1 2023 review: amid signs of recovery, investing in Asia and at home](https://www.clairfield.com/clairfield-h1-2023-review-amid-signs-of-recovery-investing-in-asia-and-at-home/): Latest numbers suggest that the second quarter of 2023 improved significantly over the first quarter in terms of M&A, indicating a potential rebound and renewed investor confidence. Pipelines may have been patchy early 2023 compared to early 2022 but this has improved. Strategic buyers were especially active, with private equity accounting for 21% of deal activity compared to 26% in H1 2022 according to Refinitiv. Our own advisory practice has not noted a decline in private equity activity, with PE involved in 43% of transactions advised by Clairfield in 2023 to date. Private equity firms continue to expand on roll … - [Expanding horizons with the Clairfield-Yamada partnership in the APAC region](https://www.clairfield.com/expanding-horizons-with-the-clairfield-yamada-partnership-in-the-apac-region/): The ASEAN region has emerged as a dynamic and thriving economic force, poised to surpass traditional powerhouses such as Japan and the West in terms of projected GDP growth and other parameters. Fuelling this momentum are several key factors that make ASEAN an attractive destination for businesses and investors seeking crossborder opportunities. ASEAN’s strong foundation of political stability boosts its appeal as a reliable business environment, especially amid ongoing tensions between the United States and China. Sound macroeconomic management practices, along with the demographic advantage of a young population and a rapidly growing middle class, create a vibrant market for … - [Medtech industry snapshot: medical implants](https://www.clairfield.com/medtech-industry-snapshot-medical-implants/): Medical technology companies in Europe are facing the daunting task of managing technological transformation under heavy regulation in order to maintain their position along the value chain. Important players are already recognising the need for cooperation to counteract the growing complexity of the market. Through M&A transactions, companies gain access to competencies, resources and customers. In this way, transformation can be accelerated, and the risk of being left behind can be reduced. M&A activities show that many successful companies are following precisely this path. Read more in our medtech snapshot prepared by Dirk Freiland, managing partner in Germany. - [UK food & beverage report for H2 2022](https://www.clairfield.com/uk-food-beverage-report-for-h2-2022/): M&A deal volumes increased by 4% in the second half of 2022. This is relatively consistent across the five year period monitored in our series of reports and shows the strength of M&A in the food and beverage sector despite the challenges faced in the last few years. Our UK consumer & retail team examines UK food & beverage M&A the last six months of 2022 in a detailed report. The UK consumer & retail team is led by Gary Ecob. Read the report here: UK Food & Beverage report H1 2022. - [Nordic software report Q1 2023: deal activity stabilises](https://www.clairfield.com/nordic-software-report-q1-2023-deal-activity-stabilises/): With exception of Denmark, Nordic deal activity stabilizes around pre covid levels and we experience continued strong interest for high quality software companies. Deal volume in the period Q2 2022-Q1 2023 counts a total of 116 software transactions, a decline of 27% compared to the period Q2 2021-Q1 2022 (159 transactions). However, the “Covid period” is a record period of transactions measured to date. If we compare with historical figures pre covid, the deal volume is more or less aligned. Anders Strand and Juha Raunio lead our top-ranking Nordic software team. Anders Strand Juha Raunio Read the full report here: Q1 … - [Passionate about pools: John O’Brien of Poolwerx advises testing the waters before plunging in](https://www.clairfield.com/passionate-about-pools-john-obrien-of-poolwerx-advises-testing-the-waters-before-plunging-in/): John O’Brien’s passion and experience in franchising and the pool industry is difficult to rival. Poolwerx’s commitment to excellence is evident in its rigorous franchisee selection, its thorough franchisee training and support, and its focus on pool health and safety. The company has operations throughout Australia, New Zealand, and the US, with further international expansion on the horizontal. In this interview, John O’Brien explains his journey from starting Poolwerx 30 years ago and its growth into a multi-award-winning business and the world’s largest franchise pool service brand. John’s passion and experience in franchising and the pool industry are hard to … - [India runs on rail, and railways are undergoing a radical change: Success is not measured by numbers alone.](https://www.clairfield.com/india-runs-on-rail-and-railways-are-undergoing-a-radical-change-success-is-not-measured-by-numbers-alone/): Indrajit Mookerjee, the executive director and vice chairman of Texmaco Rail and Engineering and an executive of the Adventz Group. Texmaco has consistently been the best industry performer and stands out as the market leader. As one out of every four freight cars on Indian railroads has rolled out of Texmaco, Indrajit is an industry expert, business leader, and frequent speaker on the Indian economy. In this interview, Indrajit explains that railways are going through a radical change, and success is not assessed by looking at the numbers alone but by a “harmonious combination of numbers and the feeling that … - [The colourful world of Chroma Specialty Chemicals](https://www.clairfield.com/the-colourful-world-of-chroma-specialty-chemicals/): Chroma Specialty Chemicals specialises in pigments, dyes, and speciality chemicals commonly utilised by the automotive, industrial, and plastic industries. Chroma’s collaboration with backwards integrated manufacturing partners allows the company to present the most sustainable options. From offices in Canada and the UK, Chroma provides sustainable and environmentally friendly colour and colour solutions worldwide. In this interview, Mark describes his colourful career path and shares why he thinks customer satisfaction is vital to his company’s success. Mark says his key objectives are to have “clear and direct lines of communications to the customer to ensure their needs are being met, as … - [Clairfield acted as exclusive financial advisor in the sale of Tractebel GKW to GFA Group](https://www.clairfield.com/clairfield-acted-as-exclusive-financial-advisor-in-the-sale-of-tractebel-gkw-to-gfa-group/): Clairfield is pleased to announce that GFA Consulting Group GmbH and Tractebel Engineering SA, signed an agreement on 21 March 2023 on the transfer of ownership of GKW Consult GmbH to GFA Holding AG. A joint Clairfield German/Belgian project team was in charge of managing the sales process from identification of targets, preparation investor materials, moderation of meetings with prospective buyers, management of due diligence, support in contract negotiations, and preparation of transition issues. In GFA, GKW finds a reputable shareholder with a strong focus on international cooperation as well as a complementary and strategic partner. GFA is convinced that … - [At Şişecam it’s crystal clear: Glass is an object of success (and has been for more than 3,500 years!)](https://www.clairfield.com/at-sisecam-its-crystal-clear-glass-is-an-object-of-success-and-has-been-for-more-than-3500-years/): It protects, contains, insulates, is highly versatile, and is recyclable: the ‘Glass Age’ is now. In this interview, Prof.Dr.Ahmet Kirman, Chairman and Executive Member of the Board of Şişecam—a global glass and chemicals manufacturer with an entrepreneurial spirit at its core— talks about how glass plays a key role in many industries, from transportation to housing, architecture to energy, and health to communication. Glass, by definition, is an object of success. Prof. Dr. Ahmet Kirman shares with us the main pillars which define Sisecam’s business success, the decision to consolidate, and why digital transformation is part of the journey that … - [Cybersecurity report 2023: This ever-evolving sector's growth, challenges, and changes](https://www.clairfield.com/cybersecurity-report-2023-this-ever-evolving-sectors-growth-challenges-and-changes/): The marked increase in worldwide cyber attacks — which are increasingly more challenging to identify — along with a much tougher stance from cyber insurance companies, has meant that organisations must stay informed about the latest cybersecurity trends and invest in robust measures to defend against potential attacks. 2022 proved just how vital cybersecurity will need to be in the future of global smart manufacturing. This sector snapshot presents Clairfield’s cybersecurity experience, market highlights, notable transactions, and deal volumes, and looks at who the key industry players are. Read more in our Cybersecurity Snapshot. Joseph Sabet heads Clairfield’s cybersecurity practice. - [Successful factories are smart and green](https://www.clairfield.com/successful-factories-are-smart-and-green/): Markus Glaser-Gallion is the visionary CEO of the Leadec Group who has worked to establish the company as a premier global service specialist for modern and future factories. With a background in management at Voith Industrial Services, Markus has expertly guided Leadec through significant growth and development. In 2015, he took on the role of chairman of the management board, and since the company’s acquisition by Triton in 2016, he has served as CEO. Leadec is the leading global service specialist for factories across the entire life cycle and corresponding infrastructure. Headquartered in Stuttgart, the company boasts a workforce of … - [Outlook 2023: How Do You Define Success?](https://www.clairfield.com/outlook-2023-how-do-you-define-success/): Our annual Clairfield Outlook: How Do You Define Success? centres around our company’s new motto, “Defined by Your Success,” and in it, we asked industry leaders to discuss and dissect how they define success. We delve into how business leaders determine what success is in their businesses and what sets successful investors and entrepreneurs apart. Additionally, we examine the role of failure in the pursuit of success. Our contributors, from diverse industry sectors, have shared their unique definitions of how they perceive, achieve, and measure achievement. “The Clairfield Outlook shows that success is personal to each of our clients. Our … - [Clairfield International strengthens presence in CEE with new Romanian branch, led by Florin Bolchis](https://www.clairfield.com/clairfield-international-strengthens-presence-in-cee-with-new-romanian-branch-led-by-florin-bolchis/): Clairfield is pleased to announce the formal establishment of Clairfield International Srl in Romania, further strengthening our presence in Central and Eastern Europe. This move cements our commitment to providing unparalleled advisory services to our clients in the region, where we are top performers in the league tables. Our Romanian branch is a joint venture between managing director Florin Bolchis and Clairfield in Austria, forming a cohesive unit with Austria and Hungary. This office is also supported by our expert teams in Warsaw and Prague, who bring years of experience operating in CEE and a wealth of industry expertise and … - [“Success is a journey, not an endpoint,” says Yasuo Nishiguchi, business leader, innovator, and academic](https://www.clairfield.com/success-is-a-journey-not-an-endpoint-says-yasuo-nishiguchi-business-leader-innovator-and-academic/): Yasuo Nishiguchi has had a diverse and successful career. The core of his career is over 30 years’ dedication in Kyocera, a Kyoto-based multinational ceramics and electronics manufacturer, during which he led the group’s development to a EUR 10 billion revenue business, as an engineer, president, chairman, and CEO. Undoubtedly, Yasuo is one of the most prominent business leaders in Japan. He currently serves as chairman of Yamada Consulting Group, Clairfield’s exclusive partner in Japan. He is also the executive director of Japan Innovation Network, a public-private partnership that fosters innovation in business. He serves on the boards of several … - [Formula One’s Stefano Domenicali is clear that success does not change; it evolves](https://www.clairfield.com/formula-ones-stefano-domenicali-is-clear-that-success-does-not-change-it-evolves/): Stefano Domenicali, president and CEO of Formula One, is a motorsport and automotive veteran who has built an illustrious career in sports administration. Stefano was previously CEO of Automobili Lamborghini and held senior roles at Audi and Ferrari. Before joining Formula One, he led winning racing teams, racking up a total of 14 titles in the Formula One Constructors’ and Drivers’ Championships. Stefano became an Officer of the Order of Merit of the Italian Republic in 2002, and a Commendatore of the Italian Republic in 2019, and was awarded the Collare D’Oro by the Italian National Olympic Committee last year. … - [Nordic software report Q4 2022: annual deal volume is second highest since the record of 2021](https://www.clairfield.com/nordic-software-report-q4-2022/): We had noted last quarter that deal volume in the Nordic software space was returning to pre-Covid levels. With the data in from 2022, we see that last year showed the second highest deal volume since we began tracking data in 2014, even with a 25% decline from the highs of 2021. The last three months showed 24 software transactions, around a 8% drop in transaction volume compared to Q3 2022. The spread in opinions of valuations is noticeable in the private market, which is a key reason for this quarter’s reduction in transaction volume. Sweden and Denmark were the … - [Clairfield International 2022 in review](https://www.clairfield.com/clairfield-international-2022-in-review/): In a turbulent year with a decrease in M&A activity worldwide, Clairfield International has maintained top rankings in financial advisory league tables. With a track record of over 155 deals announced worldwide in 2022, including many landmark deals, and enhanced partnerships in Europe and Asia, Clairfield looks back on a remarkable year. It seems fitting that our new branding launched in 2022 asks our clients to think about how they define success. Under our new slogan, “Defined by your success”, we are pleased to share in our clients’ successes and our own. Clairfield closed over 155 transactions in 2022 on … - [A promising start to 2023 as the Clairfield group announces eight new promotions](https://www.clairfield.com/a-promising-start-to-2023-as-the-clairfield-group-announces-eight-new-promotions/): Clairfield International is pleased to announce several promotions within the group. In Poland, Marek Wróblewski has taken on the role of equity partner, and in Germany, Konstantin Zygan, has become an associate partner. In addition to these significant promotions, Clairfield has six other notable promotions worldwide. Newly appointed partner Marek Wróblewski has been with the firm for ten years. He started as an analyst and quickly progressed to more senior positions. Marek’s main fields of expertise are healthcare (especially the dental sector), industrial, insurance, and FMCG. Marek’s landmark transactions include advising parties such as IOW Group, Kliniki Dentaurus, Medicadent, Centrum Stomatologiczne … - [Giving back to the community](https://www.clairfield.com/giving-back-to-the-community/): In the spirit of the holidays, we would like to highlight the many charitable activities that Clairfield partners are proud to support around the world.   Help for Ukraine. Clairfield & Johanniter Auslandshilfe organised and delivered urgently needed relief supplies to the western Ukrainian province of Khmelnytskyi. The emergency supplies included drinking water, baby food, and diapers. The combination of financial and volunteer support by Clairfield and the financial community, along with Johanniter’s organisation and efficient execution, meant that the mission to deliver and distribute supplies took just a couple of days. The Johanniter run a prominent ambulance service, hospitals, … - [Clairfield International enhances expertise in chemicals with specialist consultants JF Chemical Associates](https://www.clairfield.com/clairfield-international-enhances-expertise-in-chemicals-with-specialist-consultants-jf-chemical-associates/): Clairfield International is pleased to announce a collaboration with JF Chemical Associates (‘JF’), a strategic consulting firm specialized in the chemicals sector. Through the agreement, Clairfield’s M&A clients in the chemicals industry will benefit from enhanced in-depth sector expertise, while JF will be able to offer its consulting clients access to Clairfield’s enhanced in-depth M&A and financing expertise. Rüdiger Funke Achim Mauruschat Based originally in Germany and founded by Rüdiger Funke and Achim Mauruschat, JF consists today of partners who have pursued distinguished careers in the chemical sector at BASF, DuPont de Nemours, LyondellBasell, Solvay, amongst others. JF’s principal focus … - [Vondel Finance becomes Clairfield: an established corporate finance brand with international reach](https://www.clairfield.com/vondel-finance-becomes-clairfield-an-established-corporate-finance-brand-with-international-reach/): Vondel Finance, a Dutch M&A boutique specializing in midmarket crossborder transactions, announced today that it would continue its successful business under the name of Clairfield International. This exciting change underscores the Amsterdam-based M&A firm’s growing global vision and close relationships with other Clairfield partners, a leading midmarket corporate finance partnership with worldwide offices. The evolution from a dual-branded firm to Clairfield was a natural yet strategic progression for Vondel Finance. Clairfield International is a global corporate finance partnership which has expanded over the years to cover all major economies and financial centres. Frank de Lange founded Vondel Finance in 2004. In the past 18 … - [Clairfield International and Yamada Consulting Group announce the signing of their exclusive partnership spanning 30 countries](https://www.clairfield.com/clairfield-international-and-yamada-consulting-group-announce-the-signing-of-their-exclusive-partnership-spanning-30-countries/): Clairfield International, a top-ranked Europe-based global corporate finance partnership, and Yamada Consulting Group, a publicly-listed consulting and M&A advisory firm in Japan and southeast Asia, are delighted to announce that after two successful years of crossborder cooperation, they have moved forward with a full partnership. Senior delegates from both companies will meet in Tokyo this month following the official signing of the partnership on 1 November, 2022. This announcement cements both companies’ commitment to global expansion and the provision of top-quality M&A advisory services. The formalisation of this partnership will make Yamada the gateway for Clairfield clients into Japan as … - [Outlook for Brazil under Lula](https://www.clairfield.com/outlook-for-brazil-under-lula/): The condition of a country is more important than its leader, so to understand the future of Brazil under its new president, we need to understand its position today. Ivan Barboza, partner at Clairfield Brazil, looks at three major themes that are unfolding worldwide and impacting Brazil, and finds that Lula will take office from a very strong starting post. It is now up to Lula to capitalize on the strength he inherited. What can we expect for Brazil under Lula? The dispute between Bolsonaro and Lula left the country polarized, with both campaigns characterized by an abundance of sensationalist … - [Nordic software report for Q3 2022: deal volume has returned to pre-Covid levels](https://www.clairfield.com/nordic-software-report-for-q3-2022-deal-volume-has-returned-to-pre-covid-levels/): Deal volume in the Nordic software space has returned to pre-Covid levels. However, software transactions this quarter are down on last year’s Q3 transactions. The last twelve months showed an impressive 138 software transactions, although this shows around a 20% drop in transaction volume compared to Q3 2021. The spread in opinions of valuations is noticeable in the private market, which is a key reason for this quarter’s reduction in transaction volume. Denmark and Norway were the most active markets in Q3 2022. The Q3 Nordic transaction market was dominated by trade buyers and PE – add-on deals, both with … - [The art of the possible in Brazilian elections](https://www.clairfield.com/the-art-of-the-possible-in-brazilian-elections/): Ivan Barboza, partner at Clairfield Brazil, examines the deeply polarised election in the world's fourth-largest democracy as the second round of voting approaches. - [Clairfield International acted as exclusive financial advisor to AixSwiss in the sale to Vision Healthcare](https://www.clairfield.com/clairfield-international-acted-as-exclusive-financial-advisor-to-aixswiss-in-the-sale-to-vision-healthcare/): The shareholders of AixSwiss have reached an agreement for the sale of 100% of their shares to Vision Healthcare (VHC), a digital-first omnichannel consumer healthcare group with over EUR 250 million in sales. VHC was founded by Yvan Vindevogel and is today backed by Avista Capital Partners, a leading New York-based private equity firm with over USD 8 billion invested globally. AixSwiss was founded in 2015 by Jörg Paule and Fabio Öster and is headquartered in Kerkrade at the German-Dutch border. The company’s impressive growth journey propelled its “Nupure” probiotic brand to a market leading position in the DACH e-commerce … - [Opposing crises or opportunities for change](https://www.clairfield.com/opposing-crises-or-opportunities-for-change/): Most economies are facing mounting energy problems. We have all noticed this summer that the world is getting hotter due to climate change, while global supply disruption, higher energy prices, and geopolitical turmoil have caused the energy crisis to escalate. Utilizing sustainable energy sources and lowering energy consumption is essential in tackling both problems. Müge Tuna, Clairfield’s executive director in Turkey and high advisory council member of the Turkish Investor Relations Association (TUYID), shares her thoughts and some current expert thinking about the energy crisis as an opportunity to accelerate change. Is a problem shared, a problem solved? Read Müge’s … ## Pages - [No Access](https://www.clairfield.com/no-access/) - [Clairfield in Argentina](https://www.clairfield.com/clairfield-in-argentina/) - [Clairfield in Sub-Saharan Africa](https://www.clairfield.com/clairfield-in-sub-saharan-africa/) - [Clairfield Annual Outlook 2023](https://www.clairfield.com/clairfield-outlook-2023/): How Do You Define Success? The Clairfield Annual Outlook features interviews with business leaders in sectors from motorsports to telemedicine and railways to smart factories. This year’s edition delves into the different perspectives, definitions, and measurements of success. 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