Global dealmakers 2022: M&A market update

08 March 2022

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Mergermarket is pleased to present Global dealmakers 2022: M&A market update, published in association with Baker Tilly International.
At its close, 2021 was a year for the M&A record books: US$5.9tn in deals, a 62% lift from 2020 and the highest value amount in more than a decade. Deal totals also rose, albeit more modestly to hit 34,128 (0.4% above 2020).
There are good reasons to expect healthy levels of M&A going forward. As the global economic recovery continues, many corporates are looking to refocus their strategy for the changed market landscape, particularly in the context of digital transformation. Moreover, new imperatives for M&A have emerged. The need to confront climate change and other societal issues is now firmly on the boardroom agenda. The global battle for talent is forcing many organisations to think again about how they secure the skills they now need.
This report drills down into the detail of last year’s M&A markets and assesses whether the recovery can be sustained in 2022.
Key highlights include:
  • Cross-border M&A: Global cross-border deal value increased 77% in 2021, and 5% in volume terms from the year before
  • Mid-market potential: 31% of deals in 2021 were in the mid-market (deals valued between US$15m and US$500m), compared to 25% in 2020
  • Mega deals: The number of deals valued greater than US$500m increased by 69% in 2021
  • Key regions: North America was the top geography by deal value in 2021 with US$2.9tn, while Asia Pacific saw the most deals by volume at 11,589
  • Sector spotlight: Tech M&A accounted for 33% of deal value and 36% of deal volume in 2021.