Aspring Capital presents an overview of the Russian M&A market for 2024
February 18, 2025, Moscow – Aspring Capital presents an overview of the Russian M&A market for 2024. The report is based on an analysis of publicly disclosed transactions valued at over 1 billion RUB, sourced from our proprietary deal database.
Key trends include increased activity from strategic buyers despite tighter monetary policy, growth in the private transaction segment, and a decline in exits by foreign investors from the Russian market.
The most active sectors in terms of completed public deals were industrial manufacturing, real estate, and, as always, technology. Notably, in December 2024, the number of M&A transactions surged more than fourfold compared to the same period in 2023. This spike was largely driven by upcoming changes in personal income tax on share and equity sales, set to take effect in 2025.
Read more about our analysis in Frank Media.
We are also excited to announce the launch of Aspring Capital’s Telegram channel, where you’ll find exclusive access to the most up-to-date database of all Russian M&A transactions valued at over 1 billion RUB.