McKinsey & Company – M&A Annual Report: Is the Wave Finally Arriving

The McKinsey & Company 'M&A Annual Report: Is the Wave Finally Arriving?, 2025' analyzes the global mergers and acquisitions landscape and anticipates potential growth in 2025. Despite a 12% increase in deal value to $3.4 trillion in 2024, the global M&A market faced several challenges. However, favorable macroeconomic conditions, strong corporate balance sheets, and pent-up demand suggest an optimistic outlook for 2025. Private equity is expected to play a significant role, with substantial dry powder available for new deals.