Published on: November 20 2024
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights Although global deal-making increased in Q3 2024 compared to Q2 2024, M&A volume for 2024 is on pace to be in line with 2023, the lowest year for M&A since 2009. Nevertheless, several mega deals were announced in Q3 2024, including Mars’ US$35 billion acquisition of Kellanova, Skydance Productions’ US$21 billion merger with … Continued
Published on: August 22 2024
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights Driven by a strong Q1, M&A deal volume in H1 2024 was 15% higher than deal volume in H1 2023. Global M&A volume was US$716 billion in Q2 2024, a 13% decrease from the robust first quarter of 2024 (US$820 billion) and in line with the second quarter of 2023 (US$737 billion). Several … Continued
Published on: May 28 2024
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights For the first time since 2021, global dealmaking is up year on year for the third consecutive quarter, with significant increases in volume attributable to U.S. M&A and mega deals. Global M&A volume was US$797 billion in Q1 2024, a 36% increase from Q1 2023 but an 11% decrease from Q4 2023. Global … Continued
Published on: November 10 2023
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights Despite signs of recovery in Q2 2023, global dealmaking slowed in Q3 2023, and annualized year-to-date M&A volume is now on pace to be the lowest total since 2003. Global M&A volume was US$655 billion in Q3 2023, a 16% decrease from Q2 2023 and an 11% decrease from Q3 2022. If the … Continued
Published on: May 31 2023
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights On the heels of a slow-down in the second half of 2022, global dealmaking levels decreased in Q1 2023 compared to both Q4 2022 and Q1 2022 and ended with the lowest quarterly volume in recent memory. Yet, there are signs that the first quarter may represent an inflection point, as the first … Continued
Published on: January 30 2023
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Following record-breaking M&A activity in 2021, M&A volume over the 12 months ending December 31, 2022 reverted toward the mean, with a significant slowdown in the second half of the year. Global M&A volume in 2022 was US$3.6 trillion, down from US$6.2 trillion in 2021 and closer to the annual average of US$4.3 trillion over the prior 10-year period.
Published on: November 7 2022
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights Global dealmaking slowed significantly in Q3 2022, reflecting current macro-economic and geopolitical uncertainties and challenges. Nevertheless, many deals got done and many of the traditional drivers of M&A point to meaningful deal flow in Q4 and beyond. Global M&A volume was US$692 billion in Q3 2022, a 37% decrease from Q2 2022 and … Continued
Published on: August 2 2022
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights Global dealmaking was up in Q2 2022 as compared to Q1 2022, and year-to-date is on pace with pre-pandemic deal volume (although below last year’s record-breaking levels). Global M&A volume was US$1.14 trillion in Q2 2022, an 11% increase from Q1 2022, but a 26% decrease from Q2 2021. Several mega deals were … Continued
Published on: April 29 2022
Contributed by: Matthew T. Carpenter, Anna Dimitrijević and Alec G. Miller, Co-Editors, XBMA Review
Executive Summary/Highlights After a record-breaking 2021 in which global M&A volume surged to a new peak, global dealmaking slowed in the first quarter of 2022. Global M&A volume was approximately US$1.0 trillion in Q1 2022, less than any of the prior six quarters. Despite a decline in M&A activity relative to the record-breaking volumes of … Continued
Published on: February 22 2022
Contributed by: Matthew T. Carpenter and Anna Dimitrijević, Co-Editors, XBMA Review
Executive Summary/Highlights Global M&A volume was more than US$5.8 trillion in 2021, the highest annual volume on record. Each of the four quarters of 2021 was one of the top six most active quarters by dollar volume since the beginning of 2010. In addition to a legion of private equity funded transactions, including such major … Continued