In my industry, Banking and Credit Union, the M&A activities have grown each year over the last 10 at least. The initial thought is that this trend will continue for the foreseeable future. There is a mindset in some areas that if you are not actively trying to find a partner to merge in, you will be the next one to be absorbed.
I predict M&A activity to increase, especially as markets become saturated. I also expect more international versus domestic activity. This is due to the fact it is becoming more and more difficult and costly to enter foreign markets without some form of presence, creating a need for M&As, especially in emerging and growing markets.
I think the tourism industry is recovering amd there will be more M&A opportunities in that area. More and more international travelers are flying that may promote reorganizations.
I think there’ll be a decline in both global deal volumes and values possibly during the 1st half of 2023, in tandem with the slowing down of the USA economy due to rising interest rates from the Fed’s effort to control the inflation rate. This trend may continue for the 2nd half of 2023, if the Fed remain hawkish in its monetary policy.