Litera's 2023 Year-end Global M&A Report

Explore what the latest PitchBook data tells us about the current state of global mergers and acquisitions.

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:

  • 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.


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