Q4 2023 – QUARTERLY M&A MARKET RECAP
- Global Industrial Manufacturing (IM) M&A deal volume saw a decline in Q4-23, totaling 310 transactions, a 10.9% decrease compared to the Q4-22 total of 348.
- U.S. Industrial Manufacturing M&A deal activity declined slightly in Q4-23 with 100 transactions, compared to 102 from the prior year’s quarter.
- Q3-23 ended with uncertainty surrounding automotive-related activities. The UAW strike, which came to an end in late October, had an impact on Q4-23 automotive M&A transactions as volume remained roughly flat, with 19 transactions compared to 21 transactions in Q4-22.
- In Q4-23, global Private Equity (PE) transaction volume fell to 39 transactions, down 2.5% from Q4-22. Further, U.S. PE transactions decreased to 14 in Q4-23, compared to 17 deals in Q4-22. The lack of activity is likely due to heightened borrowing costs, which have constrained PE activity. This trend is expected to reverse in 2024 as interest rates stabilize and PE buyers look to deploy their more than $955 billion of uninvested capital (dry powder).
Read Industrial Manufacturing M&A Pulse Q4 2023 Full Report
Industrial Manufacturing M&A Pulse – Q4 2025
Q4 2025 – QUARTERLY M&A MARKET RECAP U.S. Industrial Manufacturing M&A activity stabilized in Q4 2025, with 81 announced transactions. While Q4 deal volume declined 22.1% year over year, this represented an improvement from Q3 2025’s 77 announced transactions. Compared to Q1 2025, Q4 activity increased 14.1%, signaling a gradual recovery toward more normalized deal…
Industrial Manufacturing M&A Pulse – Q3 2025
U.S. Industrial Manufacturing M&A activity fell sharply in Q3-25, with only 77 transactions, down 34.2 percent from 117 transactions in the same quarter last year.
Industrial Manufacturing M&A Pulse – Q2 2025
M&A activity in the U.S. Industrial Manufacturing market declined in Q2-25, with 368 transactions recorded over the trailing twelve months, down from 397 in 2024.
Industrial Manufacturing M&A Pulse – Q1 2025
Global Industrial Manufacturing (“IM”) M&A activity stalled in Q1 2025 as both domestic and international investors began strategizing around the implications of anticipated U.S. regulatory changes.
Industrial Manufacturing M&A Pulse – Q4 2024
Global Industrial Manufacturing (“IM”) M&A activity ended 2024 on a high note, with an 11.6 percent increase in Q4-24 compared to the same quarter in the previous year.
