Digital infrastructure M&A in Europe has rebounded, but the headline recovery masks a more concentrated market, with activity clustered around fewer, larger transactions. As deal sizes rise, bringing the right assets together with the right capital is becoming more complex. Datacentres continue to drive momentum, whilst fibre, towers and telecoms transactions remain more dependant on strategic fit and balance sheet capacity. The session will explore:

• Is an increase in deal value evidence of a healthier M&A market or just greater concentration around a limited number of premium assets?
• As platforms outgrow bilateral sales, which routes can best deliver liquidity? 
• Will we see more consortium deals, minority stake processes, CVs, recapitalisations or IPOs?
• Are closed-end funds increasingly misaligned with the capital requirements and horizons of large platforms?
• Where are the biggest valuation gaps? And what will distinguish the assets that transact over the next 12-24 months from those that don’t?