Summary
This report presents an analysis of transaction trends in the Danish M&A market for the fourth quarter of 2025. It documents a total of 235 transactions, marking a 15% increase in deal volume from the previous quarter. The overall annual total for 2025 reached 839 transactions, the highest recorded to date, surpassing 789 transactions in 2024. The report outlines the resilience of the Danish M&A market amid global uncertainties, noting various contributing factors such as changes in geopolitical tensions and inflation rates. The sector analysis reveals that TMT remained the most active sector, accounting for 25% of transactions in Q4, followed by Real Estate, Hospitality, and Construction with 16%. Growth was strongest in Real Estate, which saw an 81% increase in activity. The report also highlights the performance of private equity activity, indicating a slight decline in its share of total transactions, contributing to the overall trends observed in the market.
