After hitting all-time highs of $5.4 trillion and over 42,000 deals worldwide, the past two quarters marked the slowest pace of global M&A since 2020. Factors like inflationary pressures, interest rate increases, and the prospect of a recession in many national economies are contributing to market shifts in the post-COVID-19 landscape.
With the expected downturn in both deal volume and value in 2023, the M&A market is, by and large, in unfamiliar territory.
It is worth noting, however, that the pace of the deal market was unsustainable; accordingly, it could be argued that we are witnessing a return to normalcy in M&A trends.
Litera’s latest 2023 Global M&A Report provides key insights on the M&A market as we head into 2024. Download the report to:
With the expected downturn in both deal volume and value in 2023, the M&A market is, by and large, in unfamiliar territory.
It is worth noting, however, that the pace of the deal market was unsustainable; accordingly, it could be argued that we are witnessing a return to normalcy in M&A trends.
Litera’s latest 2023 Global M&A Report provides key insights on the M&A market as we head into 2024. Download the report to:
- See a global snapshot of M&A activity in 2023, including EBITDA multiples, trends in deal size and by region and industry sectors;
- Review trends in private equity add-on and take-private transactions; and
- Read analysis and outlooks from Frank Aquila, senior M&A partner at Sullivan & Cromwell.