Buyers continue to anchor M&A strategies on strategic growth and value creation, while increasingly prioritizing scale, tuck-in transactions and geo-offering expansion Like in 2024, value creation remains the Scale (create economies of scale, expand market presence, focus on cost synergies) Tuck-in (increase revenue by leveraging brand strength, enhance or complement an existing product) 2026 Europe West Buy and Integrate Barometer Version 3.0