Q3 2025 – QUARTERLY M&A MARKET RECAP
- U.S. Industrial Manufacturing M&A activity fell sharply in Q3-25, with only 77 transactions, down 34.2% from 117 transactions in the same quarter last year. Both financial and strategic buyer participation declined. While recent Fed rate cuts have boosted investor confidence and eased borrowing costs, rates remain historically high compared to pre-2022 levels. Nevertheless, the ongoing rate reductions are expected to unlock new M&A opportunities, with deal activity likely to pick up toward the end of 2025 and into the first quarter of 2026.
- Similar to trends in the U.S., global M&A activity has remained subdued. As of Sep-25, the trailing twelve-month transaction count stood at 1,039, below levels seen from 2020 to 2024. This slowdown reflects persistent volume volatility, significant capital investment requirements, supply chain disruptions, and ongoing tariff uncertainty. In response, strategic buyers, specifically, have adopted a more disciplined approach, prioritizing deals that strengthen core businesses or deliver differentiated capabilities.
Read Industrial Manufacturing M&A Pulse Q3 2025 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 – 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.
Industrial Manufacturing M&A Pulse – Q3 2024
Global Industrial Manufacturing M&A transaction volume experienced 339 completed transactions globally and 117 in the United States, representing a 25.1% and 24.5% increase, respectively, from the same period in 2023.