Skip to main content

Private Debt Deal Tracker

A quarterly overview of the European Private Debt Market


 

Access the report

Spring 2026 update

We are pleased to share the Spring 2026 edition of the Deloitte Private Debt Deal Tracker, marking our 14th year of analysing key themes and trends shaping the European private debt market. This edition highlights that European credit market reached a historic milestone in 2025, recording a record 987 deals, a 15.4% year-on-year increase fuelled by stabilising interest rates and rebounding M&A. Activity peaked in Q4 across the UK, France and Southern Europe. With a robust pipeline and ample liquidity, momentum remains strong for proactive growth entering 2026.

Register now to receive the full report.

92

contributing lenders

987

deals in 2025

303

LBO deals in 2025

€159.3m

average reported deal size in 2025

Skip to description

Private Debt Deal Tracker Spring 2026

Related content

Louise Harvey

Louise Harvey advises financial sponsors on funding packages to support their portfolio companies, at the point of investment, during ownership and upon exit. She has worked with numerous sponsors and borrowers across the full spectrum of debt products, across multiple geographies and sectors with a particular focus on TMT, healthcare, financial and business services.

Key contacts

Louise Harvey

Louise Harvey

Partner
+44 (0)20 7303 3476
Jed Poole

Jed Poole

Assistant Director
+44 (0)20 7303 4511