We’re excited to share this edition together with our partners Informa and StudioZX.

SuperReturn Middle East

SuperReturn Middle East returns to Dubai this October, bringing you face-to-face with the regional and international investment community.

Join 600+ private capital leaders, including 200+ LPs and 200+ GPs from 40+ countries, for three days of premier networking and insights.

This year’s agenda is packed full of expert knowledge on private markets, fundraising, secondaries, venture capital, AI and deep tech, infrastructure, growth capital opportunities and much more.

Companies already registered include 76 Columbus Family Office, Affirma Capital, Ali & Sons, DPI Venture Capital, IFC, Investcorp, KKR, Mubadala Investment Company, Permira, Ruya Partners, U.S. International Development Finance Corporation (DFC) and many more...

Specialised Insights. Specialised Networking.

Tuesday 21 October, 2025 - book a summits day pass and move freely between all three streams at your leisure, focusing on topics that matter the most to you: Private Credit , Infrastructure, Fundraising, Tech and VC

Book today and save. Free for LPs.

Don’t forget to quote VIP code FKR3598FRE to save 10%.

SuperReturn Europe

Discover new investment opportunities in the mid-market, fundraising, co-investments, private debt, secondaries and more

1,500+ real decision-makers. 500+ LPs. 750+ GPs. Across 50+ countries.

Now back in Amsterdam! Don’t miss your chance to…

  • Meet more than 1,500+ senior decision-makers

  • Specialist summits on fundraising, private debt and secondaries

  • Hear from 200+ leading, established and emerging managers

  • Supercharge your pre-arrange meeting with SuperReturn Allocate

  • View the delegate list & arrange invaluable meetings ahead of time

Hear from leading LPs and GPs on the most pressing challenges and opportunities in fundraising, secondaries, LP allocations, co-investments and more.

PLUS, this year you'll find more sessions focused on emerging managers and independent deal sponsors.

LPs already confirmed include, Alecta, APG Asset Management, Futur Pension Försäkringsaktiebolag, IIP Denmark, KENFO, LHV Pension Fund, Ontario Teachers' Pension Plan, OP Trust, Signal Iduna, WPV AAM and many more.

10% discount – VIP code: FKR3623FRENUS. Book now to save!

See you in Munich: 23rd German Corporate M&A Congress

I’m looking forward to the 23rd German Corporate M&A Congress in Munich on 30 October.

Many thanks to Detlev Leisse and the team at Studio ZX for hosting this great event!

I’ll be there in person – happy to catch up or connect beforehand.

Speakers include: Patrick Altenried, Dr. Anne Daentzer, Dr. Michael Drill, Boris Dürr, Dr. Regina Engelstädter, Thomas Fischer, Dr. Philipp Heinrichs, Kai Hesselmann, Dr. Dominique Hoffmann, Marc Jacob, Daniel Judas, Dr. Daniel Meuthen, Dagmar Mundani, Tobias Rauss, Markus Schiller, Deniz Schütz, Dr. Olaf Schween, Philippa Sigl-Glöckner, Martin Steidle, and Andre Waßmann.

If you work in Corporate M&A and would like to join, feel free to reach out to me.

And here is our M&A Summary for CW 39/ 40

Methodology: Every two weeks we collect most relevant posts on LinkedIn for selected topics and create an overall summary only based on these posts. If you´re interested in the single posts behind, you can find them here: https://linktr.ee/thomasallgeyer. Have a great read!

Consolidation & Strategic Rationale

  • Regional bank consolidation underscored scale, capital efficiency, and balance sheet resilience as drivers for combinations

  • Strategic narratives in automotive & mobility emphasized product-market fit across software-defined features, services attach, and lifecycle monetization

  • Alternatives to traditional exits, such as family office buyers, gained traction for speed, trust, and flexible structures

  • Buyers favored platform adjacency and data advantages over pure scale in Software & SaaS

Regulatory & Governance Readiness

  • Boards prioritized regulatory foresight and disclosure discipline to keep approvals on track and avoid timeline drift

  • AI governance advanced with ISO-aligned frameworks for model risk, data lineage, and policy enforcement

  • Antitrust and foreign investment screening planned from the outset to reduce rework and closing risk

  • Governance around AI in clinical workflows treated as a board-level risk requiring explicit controls

Integration Planning & Synergy Capture

  • Integration theses focused on deposit mix quality, risk controls, and cost-to-serve reductions to defend ROE in banking

  • Supply-chain and operations integration tied to S&OP and procurement harmonization in industrial & manufacturing

  • Integration in automotive included embedded software roadmaps, over-the-air reliability, and supplier continuity

  • Commercial synergies in healthcare & life sciences focused on patient access expansion and field force effectiveness

Exit Preparedness & Founder Readiness

  • Founders preparing for exits emphasized documentation readiness, KPI transparency, and customer cohort clarity

  • Mastering M&A terminology and process mechanics recommended to maintain leverage and avoid unfavorable terms

  • Clean data rooms and proof of durable growth prioritized over vanity metrics in venture & startup exits

  • Playbooks stressed clean code ownership, API stability, and pricing harmonization to avoid revenue leakage post-close

Deal Execution & Operating Models

  • Flexible talent models, including specialized freelancers, promoted to scale deal teams without fixed-cost drag

  • Integration staffing plans mapped scarce skills to critical path tasks to de-risk Day-1 and Day-100 objectives

  • Operating models emphasized PMO rigor, clean handoffs, and KPI visibility to minimize platform fragmentation

  • Repeatable PMO tooling, decision rights, and cadence highlighted as drivers of cross-functional progress

Risk, Compliance & Security

  • Cyber and privacy diligence remained non-negotiable, with secure-by-design and AI governance proof points

  • Post-close priorities concentrated on identity architecture, detection coverage, and secure developer workflows

  • Cross-border data transfer constraints treated as structural deal risks requiring explicit mitigations

  • Safety, quality, and compliance systems framed as gating items to maintain customer confidence during transitions

Capital Planning & Financial Discipline

  • Integration success in energy & utilities linked to OT security, data telemetry, and maintenance analytics

  • Capital plans favored modular rollouts and measurable yield improvements over one-off megaproject bets

  • Buyers screened for margin durability via footprint optimization, standard BOMs, and post-merger working capital discipline

  • Partnerships complemented M&A for ecosystem access and data sharing, reducing CapEx while accelerating time to revenue

Communication & Stakeholder Management

  • Clear objectives, robust diligence, and legal readiness positioned to avoid value erosion

  • Communication discipline with buyers and stakeholders essential to maintain momentum and valuation

  • Earn-out mechanics, reps and warranties, and TSA scope framed as levers to align incentives and protect downside

  • Public trust and transparent safety metrics emphasized in healthcare, banking, and emerging autonomy pilots

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