Transaction value is down from 2021, but what will the rest of the year hold?
M&A Risk & Opportunities
About this report from Norton Rose Fulbright & Mergermarket:
These are tough times for dealmakers. Q1 2023 saw M&A volumes continue to slide, marking the fourth consecutive quarter of retreat and the longest succession of quarterly declines on recent record. Meanwhile, total first-quarter transaction value shrank to just under $650 billion, far below the all-time quarterly high of $1.5 trillion achieved in Q2 2021, according to Mergermarket data, the height of the post-pandemic renaissance.
Mergermarket and Norton Rose Fulbright offer an analysis of dealmaking and its prospects for the remainder of 2023. Here’s a look at some key findings:
- M&A appetites are on the rise: 51% of those surveyed said they expected interest in mergers and acquisitions to increase through the end of the year.
- 63% of leaders said the tech sector would likely see the highest growth in inbound cross-border M&A this year compared with 2022.