Category: Blog
Food and Drink M&A: What money can’t build
Categories: BlogFood and Drink M&A: What money can’t build By Cavendish The brands attracting the strongest acquisition interest in food and drink right now don’t come from the R&D pipelines of the largest FMCG groups. They’re being built by founders, often with limited capital, and acquired at significant premiums once they’ve established something large organisations struggle…
UK Defence M&A: Why 2026 Could Be a Defining Year for SME
Categories: BlogUK Defence M&A: Why 2026 Could Be a Defining Year for SME By Cavendish European defence stocks are now trading at a premium to their US counterparts. EV/EBITDA multiples sit at 20.7x in Europe against 18.2x in the US. At the transaction level, deals are recording multiples from a median of 10.9x to an upper…
Shaping Business: The Women Defining What’s Next – May
Shaping Business: The Women Defining What’s Next – May By Cavendish The May 2026 edition of Shaping Business features founders who have backed their conviction with action, investors who are building structural change rather than waiting for it, and insight from Cavendish’s own Beauty & Wellness M&A report. In this edition: • Dr. Katie King…
The beauty and wellness businesses buyers are competing for right now
Categories: BlogThe beauty and wellness businesses buyers are competing for right now By Cavendish The beauty and wellness sector continues to attract strong buyer interest – but the deals generating real competitive tension share a common set of characteristics that go beyond headline revenue. Over the past 12–24 months, the bar has shifted. Growth still matters,…
The Deal-Maker’s Playbook: Building, Selling and Scaling with Lord Leigh of Hurley
Categories: BlogThe Deal-Maker’s Playbook: Building, Selling and Scaling with Lord Leigh of Hurley By Cavendish Lord Leigh of Hurley, Senior Partner and Co-Founder of Cavendish Corporate Finance in 1988, recently joined Suleman Sacranie on PrimeStart’s Inside the Founder’s Mind podcast. In the episode, he reflects on building Cavendish Corporate Finance to becoming a leading adviser in…
Energy, Power & Resources
Categories: BlogEnergy, Power & Resources By Cavendish 2025 was dominated by geopolitical fragmentation reshaping global Energy and Resources markets. Volatility across commodities, policy intervention and shifting trade dynamics placed capital discipline firmly at the centre of strategic decision-making, as companies navigated increasingly complex operating conditions. Across the sector, growth was uneven. Some commodities experienced record pricing,…
Cyber Security Insights
Categories: BlogCyber Security Insights By Cavendish Cyber security continues to sit firmly on board agendas, but the M&A market is entering a more selective phase. Threat levels remain high, regulation is tightening and AI is reshaping both attack and defence. At the same time, capital is becoming more disciplined and buyers are clearer about what they…
Financial Services Advisory
Categories: Blog2025 Update Financial Services Advisory By Cavendish “In a year defined more by selectivity than volume, financial services M&A rewarded clarity of business model and operational discipline.” Ben Goldring, Partner & Head of Financial Services, M&A Despite ongoing macroeconomic uncertainty, 2025 proved a year of resilience and selective recovery across UK and European financial services.…
Life Sciences
Categories: Blog2025 Summary and 2026 Outlook Life Sciences By Cavendish In 2025 healthcare remained an attractive sector due to significant capital inflows globally and the sector’s defensive, counter-cyclical profile appeals in a macro environment of uncertainty and late-cycle economic risks. Long-term demand drivers remain (ageing population, long term conditions, NHS pressures) and whilst there was a…
Cavendish Industrials and Business Services Advisory
Categories: Blog2026 Perspectives and 2025 Review Cavendish Industrials and Business Services Advisory By Cavendish 2025 saw significant macroeconomic, geopolitical, and policy shifts. Together these factors were pivotal in reshaping the competitive landscape, driving growth opportunities in some areas, whilst acting as significant headwinds in others. Nowhere was positive momentum more striking than in Defence, where defence-related…
