Looking at buyers by geography, 34% were based in Sweden followed by 14% in Denmark and 10% in Norway. Other noteworthy regions included the US, Finland, Spain and France. Dealmaking remained highly international with 56% of transactions being cross-border.
Looking at sellers by geography, 42% were based in Sweden followed by Denmark at 32%. Norway and Finland were both home to 11% of sellers followed by Iceland at 4%.