(18 February 2025 – United States) Despite an anticipated jump in deal making activity for 2025, total merger and acquisition (M&A) value has declined so far.
Buyers are delaying plans due to uncertainty around global economic policy as they wait to absorb the impact of US tariff policy abroad, Barron’s reports.
Global M&A achieved a significant rise in completed deals in 2024 of 710 deals valued over US$100 million completed globally according to WTW, led by a resurgence in large transactions driving momentum into 2025.
“An M&A recovery is overdue, but it may struggle to maintain its recent momentum at a time when long-term interest rates are rising and valuations are high. It’s a market that will distinguish top dealmakers from the rest. To be successful, they will need deep industry expertise and a laser focus on value” commented PwC US Global Deals Industries Leader, Brian Levy.
“Dealmakers and markets are still digesting the outcomes of the elections that took place in many countries during 2024 and the resulting changes to policy direction; in particular, the impact of the new Trump administration in the US” Levy added.