Private equity deal news and insights from the London newsroom

Signs suggest European tech dealmaking may pick up, says Houlihan Lokey’s Sascha Pfeiffer; Baird Capital hires for PE team

Morning all, Craig McGlashan here with the Europe Wire from the London newsroom.

Dealmaking in the European tech sector could rise in the middle of 2025, raising activity above the level set during the last two years, Houlihan Lokey’s Sascha Pfeiffer tells us this morning.

Meanwhile, Baird Capital has hired a new director for its global private equity team.

Catching up

European tech dealmaking is unlikely to speed up from the pace set over the last two years in the very near term, but there are signs that the sector could get busier in the middle of next year, Sascha Pfeiffer, managing director, head of European technology and global co-head of software at investment bank Houlihan Lokey, told PE Hub.

Find out why in the premium version of the Wire.

Track record

Baird Capital has hired a director for its global private equity team.

Read more in the premium version of the Wire.

OK, that’s all from me today. MK Flynn will bring you the US Wire later today, while Nina Lindholm will be on Europe duty tomorrow.

Cheers,

Craig

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“We’re seeing a ray of light in the US market, and this generally means Europe isn’t far behind. Signs are emerging that activity will begin to pick up, and what happens in the US usually filters through to the European market four to six months later.”

— Sascha Pfeiffer, managing director, head of European technology and global co-head of software, Houlihan Lokey

Today's letter was prepared by Craig McGlashan

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