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Human Capital M&A Market Review – H2 2024

Gambit Corporate Finance’s Human Capital M&A Market Review highlights acquirors’ continued appetite to pursue premium assets in the sector, despite a period of uncertainty in Q324 prior to the Budget, providing significant momentum for M&A activity going into 2025.

Key Points in Focus: 

  • With Human Capital M&A average deal values on an upward trajectory heading into 2025, business owners in the Human Capital sector looking at their strategic options are encouraged to capitalise on the availability of well-funded strategic and financial acquirors poised to drive the next wave of consolidation.
  • The UK Human Capital market has once again reaffirmed its position as a secure and stable location for strategic and financial acquirors to invest, with the UK accounting for 19.9% of global M&A activity in the sector, placing second only to the US.
  • As levels of competition within the UK Human Capital market continue to increase, business leaders in the sector should concentrate on enhancing their key KPIs, such as NFI to EBITDA conversion and fee earner productivity, which are key to attracting premium valuations from acquirors.
  • Human Capital companies that can embrace the benefits of technological innovation will create differentiation in their candidate and client value propositions, increasing their attractiveness to both strategic and financial domestic and international acquirors.

To read the full report, click here.

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