Debtwire Private Credit Forum Europe 2026

location_on The Peninsula, London Map

2026 market dynamics: fewer deals, larger tickets

Drawing on first-quarter 2026 data, Jou Yu examines the slower-than-expected M&A rebound, the decline in LBO deal count, and the paradox of rising capital deployment driven by larger ticket sizes. Total direct lending volumes reached €34 billion — up 70% year on year — even as the number of deals fell, highlighting a market concentrating around fewer but more strategically significant transactions.

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