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Dealcast: The M&A Podcast

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Private Equity
Mergermarket
M&A
Mergers and Acquisitions
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Dealcast: The M&A Podcast Weekly podcast from the Mergermarket editorial team covering M&A, ECM and activism presented by Mergermarket

PublishesWeeklyEpisodes267Founded8 years ago
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Business NewsBusinessNews

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Artwork for Dealcast: The M&A Podcast

Latest Episodes

While deal volumes reach significant highs in the UK, the numbers are largely being driven by big deals with expensive price tags. But these big-ticket transactions may not be the tide that lifts all boats.

The lower-to-middle market segment in part... more

In this week’s Dealcast, Mergermarket’s head of global ECM, Samuel Kerr, joins John West, Mergermarket’s global commentary editor, to discuss how both M&A and ECM, particularly IPOs, are faring in Europe so far this year.

M&A on the continent has be... more

“We can see every risk or dislocation as an opportunity.” Although fundraising, exits, and investment have slowed, this is how Pamela Fung, a managing director and partner on Morgan Stanley's Private Equity Solutions team, sees the current state of ... more

The SEC is somewhat unsurprisingly shifting “back to basics” under the Trump 2.0 administration, according to Edward Best, a partner at Willkie Farr & Gallagher on the corporate and financial services team and co-chair of the capital markets practice... more

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Recent Guests

Patrick Sarch
Head of UK Public M&A at White & Case
White & Case
Episode: UK public M&A rides scale wave as clouds obscure macro outlook – White & Case’s Patrick Sarch, with John West
Pamela Fung
Managing Director and Partner at Morgan Stanley Private Equity Solutions
Morgan Stanley Private Equity Solutions
Episode: Global dislocation sparks opportunities for investors in Asia – Morgan Stanley’s Pamela Fung, with Justin Niessner
Eddie Best
Partner at Willkie Farr & Gallagher, co-head of Capital Markets Group in Chicago
Willkie Farr & Gallagher
Episode: SEC goes ‘back to basics’ with capital markets focus – Willkie Farr & Gallagher partner Edward Best, with Troy Hooper
Christophe Bavière
Co-CEO, Eurazeo
Eurazeo
Episode: Eurazeo co-CEOs bullish on Europe’s ‘hidden champions’ – Christophe Bavière and William Kadouch-Chassaing, with Lucinda Guthrie
William Kadouch-Chassaing
Co-CEO, Eurazeo
Eurazeo
Episode: Eurazeo co-CEOs bullish on Europe’s ‘hidden champions’ – Christophe Bavière and William Kadouch-Chassaing, with Lucinda Guthrie
Rachel Lewis
Co-head of News in Europe for Mergermarket
Mergermarket
Episode: A bad vintage – what is happening with the 2020/2021 PE-backed buyout class in Europe?
Seema Hingorani
Founder of Girls Who Invest; Managing Director, Senior Client Advisor at Morgan Stanley Investment Management
Girls Who Invest; Morgan Stanley Investment Management
Episode: How to make a boatload of money for investors while changing the world – Morgan Stanley’s Seema Hingorani, with Lucinda Guthrie
Tim Burroughs
Managing Editor at AVCJ
AVCJ
Episode: A look at the latest fundraising trends in Asia – the Asian Venture Capital Journal’s Justin Niessner and Tim Burroughs
Lucinda Guthrie
Executive editor at Mergermarket
Mergermarket
Episode: Why ESG still drives returns in a ‘peak anti‑ESG’ era – Bayes Business School’s Prof. Michel Driessen, with Lucinda Guthrie

Hosts

Julianna Needham
Host of Dealcast: The M&A Podcast, Mergermarket
Lucinda Guthrie
Executive Editor, Mergermarket; interview host
Julie-Anna Needham
Host of Dealcast: The M&A Podcast; journalist covering M&A

Chart Rankings

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Apple Podcasts
#150
Russia/Business

Talking Points

Recent interactions between the hosts and their guests.

Eurazeo co-CEOs bullish on Europe’s ‘hidden champions’ – Christophe Bavière and William Kadouch-Chassaing, with Lucinda Guthrie
Q: What regulatory or macro shifts could unlock more private equity investment in Europe?
Regulatory moves to modernize solvency rules for insurers, pension reforms, and the creation of distributed savings products at the European level could unlock more patient capital for private equity, while simplifying the process for new company creation and reducing fragmentation helps Europe compete on a level playing field with the US and Asia.
Eurazeo co-CEOs bullish on Europe’s ‘hidden champions’ – Christophe Bavière and William Kadouch-Chassaing, with Lucinda Guthrie
Q: What is a hidden champion and how does Eurazeo identify them in the mid-market?
Hidden champions are local European leaders with strong growth potential that Eurazeo helps scale through a structured growth engine, including buy-and-build, international expansion, and sustainability focus, backed by a broad European network. Eurazeo identifies these candidates by looking for durable competitive advantages, strong leadership, and scalable business models across Energy Transition, Tech-enabled Services, Financial Services and Insurance, Sovereignty, and Health Care.
A bad vintage – what is happening with the 2020/2021 PE-backed buyout class in Europe?
Q: What does the exit environment look like now for 2020–2021 vintages?
Exits are shifting toward sponsor-to-sponsor and strategic sales, with limited but meaningful IPO opportunities, while many assets may remain held in continuation funds to optimize returns over time.
A bad vintage – what is happening with the 2020/2021 PE-backed buyout class in Europe?
Q: How are GPs bridging the valuation gap if growth can't reliably lift EBITDA or multiples?
Gaps are bridged through new deal terms like vendor rollover, earn-outs, and continued capital structures that reduce upfront equity and defer portion of the price, along with a focus on value creation to drive growth.
A bad vintage – what is happening with the 2020/2021 PE-backed buyout class in Europe?
Q: Rachel, could you briefly touch on the conditions that made it a great time to buy assets in 2020–2021?
Very high competition for assets post-pandemic and abundant, cheap debt pushed EBITDA multiples up; buyers deployed capital rapidly, with valuations reaching peak levels and a strong growth narrative driving value creation.

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Frequently Asked Questions About Dealcast: The M&A Podcast

What is Dealcast: The M&A Podcast about and what kind of topics does it cover?

A weekly show that centers on mergers and acquisitions, private equity, and capital markets with a heavy emphasis on cross-border deals, regulatory shifts, and fundraising dynamics. Across recent episodes, listeners get inside looks at Asia-Pacific private equity markets, European mid-market growth, antitrust and policy influences on dealmaking, and the evolving landscape of IPOs and secondaries. Guests include top dealmakers, private equity executives, and seasoned M&A practitioners who break down market windows, valuation trends, and strategic considerations for navigating volatility, geopolitics, and sustainability in dealmaking. A standout is the consistent pairing of senior investors with seasoned lawyers and editors to translate compl... more

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Which podcasts are similar to Dealcast: The M&A Podcast?

These podcasts share a similar audience with Dealcast: The M&A Podcast:

1. Dry Powder: The Private Equity Podcast
2. Making Sense
3. Unhedged
4. The Story of Money
5. Talks at GS

How many episodes of Dealcast: The M&A Podcast are there?

Dealcast: The M&A Podcast launched 8 years ago and published 267 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Dealcast: The M&A Podcast?

Recent guests on Dealcast: The M&A Podcast include:

1. Patrick Sarch
2. Pamela Fung
3. Eddie Best
4. Christophe Bavière
5. William Kadouch-Chassaing
6. Rachel Lewis
7. Seema Hingorani
8. Tim Burroughs

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