Surging Ahead: M&A Outlook 2022 and Beyond

December 2021

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.

Highlights include:

  • 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.