On September 16, I attended a high-level conference at IESE Business School that addressed a crucial question: how can the economy withstand an environment marked by political and war-related crises? The speakers were Jordi Gual, former President of CaixaBank, whom I had the privilege of having as a professor when I did my MBA, and...
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Driving Strategic Transformation to Embrace AI
AI-Adoption Program - Key Service Objectives Uncertainty around AI adoption is sky high. A recent MIT/Fortune report highlights that 95% of corporate generative AI pilots fail before scaling. The reasons are clear: lack of alignment, poor business models, and projects driven by hype rather than strategy. At Value Creation – Alternative, we believe AI should...
Argos Index Q2 2025: European SME prices continue their downward slide to 9.2x EBITDA
The Q2 2025 Argos Index®, measuring every quarter the level of private mid-market company valuations in the euro zone, has been released. The index is down to 9.2x EBITDA, reflecting widespread uncertainty that disrupted the European mid-market M&A activity. Please click here to download the complete study.
Argos Index Q4 2024: European SME prices continued their recovery to 9.8x EBITDA
The Q4 2024 Argos Index®, measuring the level of private mid-market company valuations in the eurozone every quarter rose again to 9.8x EBITDA, boosted by a further recovery in M&A activity and by good momentum in LBO transactions. Please click here to download the complete study.
The AI Geopolitical Landscape: A Wake-Up Call for EU Companies
In a thought-provoking analysis, Prof. Sampsa Samila painted a rather concerning picture of the EU’s position in the global AI race. Where Does Europe Stand? To say that the EU is lagging behind the U.S. in AI development would be an understatement. The combined market capitalization of all EU high-tech companies doesn’t even come close...