M&A and Private Equity

Deal activity fell dramatically in 2020, but Q3 shows signs of recovery

A guide to navigating the rules for investing in countries that require foreign direct investment approval

Despite a drop in activity, public-to-private (P2P) transactions in Europe have continued through 2020, unlike in the US market, where they have fallen sharply

While COVID shut the window on deals in H1 2020, Q3 saw a revival that augurs well for the rest of the year and beyond

After deal activity stagnated in H1, the third quarter offers some hope for dealmakers, as deal volume and value surpass Q3 2019

A series of exit megadeals doubled the value recorded in Q3 2019, while global buyout activity lost momentum, growing more modestly in the third quarter.

A majority of dealmakers say their companies are focused on defense or survival, but about a quarter are actively pursuing growth.

While not unscathed by the ongoing pandemic, software deals are proving to be resilient to the effects of lockdown

While Spain's recession is expected to be among the deepest on the continent, the nation has remained one of the most attractive deal destinations in Europe for PE and M&A

The online gaming industry has flourished amid stay-at-home orders

A surge of interest from inbound investors drives recovery after a sharp fall in Q1

Strong ESG credentials and long-term plans to improve their relationship with society and the environment are increasingly important to ensure companies’ access to capital

A handful of large deals struck early in the year provided a few bright spots for Italian M&A activity in H1 2020

We highlight the key European M&A trends in the first half of 2020, and provide our insights into the outlook for M&A moving forward.

As the COVID-19 pandemic spread, global M&A value dropped to the lowest half-yearly total since H1 2010

Amidst the COVID-19 pandemic, total buyout volume in the first half of 2020 dropped 23% annually, while value fell 30%—less than half the rate of decline of overall M&A

French M&A activity has suffered steep falls because of COVID-19, but green shoots are emerging as lockdown measures ease

Technology dealmaking has continued apace in 2020 as M&A investors take advantage of the sector's resilience to transact

The megadeals of 2019 may be off the table for now, but deal activity across healthcare and pharmaceuticals has proven resilient through the COVID-19 crisis

The year started strongly for many nations in Latin America, but coronavirus has heavily impacted the M&A market.

COVID-19 is hammering leisure sector M&A—but not so much that opportunities have vanished

COVID-19 travel restrictions have put the aviation industry on the backfoot. M&A will not be an immediate priority, but consolidation and distressed deals will come in time

COVID-19 has put dealmaking in the already disrupted retail industry under further strain. Some retailers, however, have proven resilient and those that survive will see opportunity to vertically integrate supply chains and invest in technology capabilities

Oil & gas dealmaking has plummeted following a period of prolonged low oil prices and a steep fall in demand due to COVID-19. However, large players with strong balance sheets could still see opportunities to invest

In a world roiled by activism, geopolitical uncertainty and data risk, dealmakers are eager to lean in, according to our survey

As the effects of coronavirus on the primary and secondary debt markets continue, there will be ongoing implications for leveraged finance transactions

Financial institutions M&A sector trends: banks — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: fintech — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: asset/wealth management — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: stock exchanges/clearing houses/trading venues — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: brokers/corporate finance — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: consumer finance — H2 2019 and outlook for 2020

Financial institutions M&A sector trends: specialty finance/marketplace lending — H2 2019 and outlook for 2020

We highlight the key European M&A trends in the second half of 2019, and provide our insights into the outlook for M&A moving forward

Last year saw a slew of notable transactions in the sector despite reduced appetite overall for energy industry M&A

While global M&A fell in 2019, the US forged ahead, maintaining its year-on-year value and taking a greater share of the global deal market.

The US M&A market delivered a surprisingly robust first half, with total value rising 9 percent year-on-year. Volume, on the other hand, dipped 21 percent

Despite accumulating a vast, historic pile of capital for acquisitions, private equity has moderated its pace of buyouts in the first half of the year

The pharmaceutical, medical and biotech sector was number one by value, followed by technology, media and telecoms (TMT). TMT led by volume, followed by industrial and chemicals.

The need to replenish intellectual property has pushed the pharma industry to the highest-performing sector by M&A value