We are pleased to present the Surging Ahead: M&A Outlook 2022 and beyond, published in association with Mergermarket. The report reveals that M&A activity bounced back with huge resilience in the first three quarters of 2021, and looks ahead to the question of whether this remarkable recovery in dealmaking can be sustained.
M&A back with a bang: In the first three quarters of 2021, there were 18,736 global deals agreed with a collective value of almost US$4.3 trillion. That represented increases of 47% and 122% respectively on the same period in 2020.
PE returns: The first three quarters of 2021 saw PE firms involved in 6,441 deals worldwide with a collective value of US$1.6 trillion, meaning that this year has already eclipsed each of the past five full years in both volume and value terms.
SPACs make a splash: With interest rates at record lows, optimism about a strong economic bounce back from the COVID-19 crisis, and plentiful capital among investors, some 481 SPACs have raised US$135 billion so far this year. That compares to 256 SPAC IPOs worth US$84 billion over the whole of 2020 and 72 worth US$15 billion.
If you'd like to discuss any of the elements of the report, please reach out to your usual contact at Squire Patton Boggs or any of our Corporate team.