Exploring signs of revival for M&A dealmaking
Worldwide M&A deal value reached $3 trillion in 2023, marking it the second-weakest year in a decade. However, other metrics imply the worst may be behind us, according to our
2023 Annual Global M&A Report, sponsored by Liberty GTS.
The total estimated M&A deal count was 40,200—the third highest on record. Additionally, the Federal Reserve’s pivot to interest-rate cuts raises optimism for an upcoming recovery in the deal market. Lastly, public multiples have sprinted ahead of private multiples, setting the stage for a catch-up move.
Table of contents
Overview |
4 |
Deal metrics |
7 |
Valuation metrics |
8 |
European M&A |
9 |
North American M&A |
10 |
Antitrust update |
11 |
Sector metrics |
12 |
A word from Liberty GTS |
14 |
B2B |
16 |
B2C |
18 |
Energy |
20 |
Financial services |
22 |
Healthcare |
24 |
IT |
26 |
Materials & resources |
28 |
Addendum |
30 |