The third quarter of 2023 saw a slight fall in deal activity after the recovery in the global M&A market in the second quarter.
Total deals in Q3 totalled $473bn, a drop of 17% compared to the previous quarter. In terms of deal volume, there was a 16% fall from 8,394 deals in Q2 2023 to 7,083 M&A deals in Q3 2023.
Deal activity was impacted by several factors including higher inflation and rising interest rates, which in turn raised concerns over an economic slowdown in many of the world’s leading economies.
