DC Fest US 2026 brought together leading dealmakers, clients, and industry experts in New York City once again for an evening of engaging panels, high-impact networking, and thought-provoking conversation.
The following insights are drawn from our session* on investing in the UK and Continental European Defense Market.
Investing in European Defense: A US Persective
DC Advisory US Managing Directors Chris Oliver and Ellis Chaplin hosted a panel to discuss investment in the European defense market from a US perspective. They were joined by Andrew Cunningham, UK Managing Director at DC Advisory, and Tim Garnett, Partner and Head of Aerospace, Defense, and Government at Oliver Wyman. The conversation delved deep, covering a range of considerations on the topic:
- The US investor ‘awakening’ to European defense, following a loosening of policy constraints and increase in cross-border activity. How to utilize investment experience in US defense to navigate government-driven budgets in Europe
- How defense spending priorities are evolving for private and public investors in Europe, and the impact this is having on US-Europe cross-border dynamics
- The difference between the European and US Defense markets, models, and deal processes and how to develop an effective investment thesis that leans into both landscapes. How the fragmented European market presents both challenges and entry points for private capital, and regulatory frameworks impact investment choices
- Where advisory firms, operators, and private capital see near-term opportunity in subsectors or capability areas within the European defense market
- Lessons learned from recent DC Advisory processes with European defense assets on valuations, the role of management teams, and buyer-seller alignment
Watch the session highlights and get in touch with the team to continue the conversation.
DC Discusses LIVE: Investing in the UK and continental European Defense market
Aerospace, Defense & Government at DC Advisory
DC Advisory is a leading M&A advisor in the European defense market, combining deep sector expertise with a strong cross-border track record. Over the past 24 months, the team has completed 10 transactions in the sector, bringing real-time insight into evolving market dynamics.
Recent mandates include advising Enlightenment Capital on the sale of Laxton to DNP1, Sun European Partners on the sale of Wescom Signal & Rescue to Albion River2, and XTec on its sale to G+D3, highlighting our ability to execute complex, cross-border transactions. With a dedicated team of global bankers, we offer on-the-ground expertise and connectivity across all major markets.
References
- https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-advises-laxton-on-its-majority-investment-from-dnp/
- https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-advised-sun-european-partners-on-the-sale-of-wescom-signal-rescue-to-albion-river/
- https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-advises-xtec-on-its-sale-to-gplusd/
DC Advisory has prepared this material solely for informational purposes and it is not a research report. This material does not constitute or form part of, and should not be construed as, an offer to sell, or a solicitation of any offer to buy, or any recommendation with respect to, any securities. For other important information, please read our Insights & Publications disclaimer >
*For important information about these presentations, read our full podcast & webinar disclaimer >
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