Globally, M&A activity is on the rise. However, the growth rates differ. It also varies by industry and by region.

M&A is booming in certain sectors, such as technology, energy, and healthcare. Other sectors, such as financial services and education, have seen a more modest growth.

Many companies are pursuing business change and growth through strategic acquisitions. Particularly they are targeting companies in the service sector that offer digital solutions to customer engagement and business operations and also companies which can assist them in complying with environmental regulations or cut emissions. They may also seek to acquire manufacturing assets, such as those for production of electric vehicles.

Global M&A activity slowed in the first half of 2024 but could pick up again when financial sponsors are able to deploy capital and activist investors continue to push for changes in corporate behavior. The Americas was the biggest M&A market, followed by Asia and Europe. In terms of deal value, the first nine months of 2024 data room pour startups saw deals worth $10 billion or more than the previous year.

The rapid pace of technological development continues to propel M&A, as businesses acquire technology that enhance their products or allow them to enter new markets. For example, M&A is accelerating in the manufacturing industry as companies invest in AI machine learning, predictive robotics, and smart factories to enhance efficiency and productivity. The growing popularity of e-commerce also led to M&A by logistics providers seeking to acquire or create distribution networks. Certain companies join forces to expand or consolidate their product lines. Some combine to make savings or R&D synergies.