PDI Picks – 2/28/2022

Europe has maintained its deal discipline


Despite some inflation effects being felt, the overall picture is rosy for those operating in the market.

A new report from investment banking advisory firm Lincoln International highlights some of the trends from a strong year for deals in Europe in 2021.

One area for concern in previous Lincoln reports was that of covenant headroom, which measures the amount of room for manouevre before companies breach their covenants.