Baltic M&A Monitor 2025 – ION Analytics

In 2024, the Baltic M&A market experienced a notable uptick with a total of 231 transactions amounting to a value of €2.1bn. This surge in deal activity marked a substantial increase compared to the previous year. The region saw a flurry of mergers and acquisitions as businesses sought to capitalize on new opportunities and strategic partnerships.

The Baltic states of Estonia, Latvia, and Lithuania have emerged as attractive destinations for investors looking to expand their presence in the region. The growing economies, skilled workforce, and strategic location of the Baltics have made them a hotspot for M&A activity.

One of the key drivers behind the increase in deal volume was the strong performance of the Baltic economies. Estonia, Latvia, and Lithuania have all experienced steady growth in recent years, attracting investors looking to capitalize on this positive momentum.

Furthermore, the Baltic states have been proactive in creating a business-friendly environment to attract foreign investment. The implementation of investor-friendly policies and reforms has helped to bolster the region’s appeal to both domestic and international investors.

Another factor contributing to the surge in M&A activity in the Baltics is the increasing interest from private equity firms. These firms have been actively seeking investment opportunities in the region, leading to an influx of capital and an increase in deal flow.

The technology sector has been a particularly attractive area for M&A activity in the Baltic states. The region has seen a rise in tech startups and innovative companies, drawing the attention of investors looking to tap into the burgeoning tech scene in the Baltics.

Overall, the Baltic M&A market has shown resilience and growth despite the challenging global economic conditions. The region’s strong economic performance, investor-friendly policies, and burgeoning tech sector have all contributed to the increase in deal activity in 2024.

Looking ahead, experts predict that the Baltic M&A market will continue to be a hotspot for dealmaking as businesses seek to capitalize on the region’s economic growth and investment opportunities. With the right conditions in place, the Baltics are poised to attract even more M&A activity in the coming years.