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Global dealmakers: M&A outlook 2023 

June 2023

The past 12 months have been challenging for global investors, according to the report, compiled by Baker Tilly experts in collaboration with Mergermarket. Many have had to redefine expectations and risk appetite as adverse macroeconomic factors and geopolitical uncertainty have inhibited trading activity. Moreover, inflationary pressures also had a significant impact on decision-making.

Read the full study 'Global dealmakers: M&A outlook 2023', which details the M&A markets over the past year and analyses the outlook for 2023.

What are the key findings of the report? What are investors paying attention to?

  • 52% of respondents say that the global M&A market will grow in the coming year.
  • 46% of investors indicate that rising inflation and geopolitical challenges are increasing their propensity to engage in cross-border M&A transactions.
  • 59% of respondents are already looking around for M&A opportunities in Western Europe, while
  • 46% say their target is North America.
  • According to 69% of respondents, digital transformation will be a major driver of cross-border M&A transactions.
  • 55% of respondents say their latest mid-market deal met or exceeded expectations.
  • 45% of investors say they consider ESG issues in every deal and 32% say they consider them in most deals.
  • 61% of those surveyed found the TMT industry to be the most attractive sector for deals. This was followed by the industrial and chemical sectors (51%).

Download the free report [EN, pdf].

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