Bain – Global M&A Report, 2024

Bain's annual M&A report aims to provide business leaders with insights and guidance on conducting successful deals. The report examines the events of 2023, highlighting the disagreement between buyers and sellers regarding valuations. It notes that strategic deal multiples reached their lowest point in 15 years, while public market valuations remained high. The report offers a comprehensive analysis of the current market situation and provides an optimistic outlook for the coming year. It delves into specific industries and regions, exploring the influence of generative artificial intelligence and regulatory scrutiny on dealmaking. Throughout the report, a recurring theme emerges: turbulent times create both winners and losers in the strategic landscape, and 2023 was no different.