REVEALED: 25 European impact exits – who cashed in, who lost, and what's coming next
2 Jun 2026
05:00
How well you generate positive change while returning cash to LPs is the metric by which all impact investors are measured.
To gauge who is delivering on that metric, we've tracked thousands of deals from the last 12 months and narrowed them down to the 25 most significant.
Across these deals, many impact investors have cashed in big returns, but some have also suffered brutal losses.
This deep dive covers:
→ 25 key exits across Europe over the past 12 months
→ Acquisitions, buyouts, distressed sales, and one administration
→ The IPOs you should be keeping your eye on
To gauge who is delivering on that metric, we've tracked thousands of deals from the last 12 months and narrowed them down to the 25 most significant.
Across these deals, many impact investors have cashed in big returns, but some have also suffered brutal losses.
This deep dive covers:
→ 25 key exits across Europe over the past 12 months
→ Acquisitions, buyouts, distressed sales, and one administration
→ The IPOs you should be keeping your eye on
Impact investing has always rested on a dual promise: do good, and generate returns. For years, LPs were asked to take a leap of faith while VC turned theory into practise.
In the past few years, that faith has started to pay off – literally. More specifically, over the last 12 months, impact investors across Europe have been returning real money to their LPs – through acquisitions by strategics, buyouts by PE, and a handful of deals that were anything but clean exits....