SecureDocs Blog Q3 M&A Recap: Global Activity Sluggish, US Leads

At $730 billion, global M&A value changed little from Q3 of last year, but transaction volume was down 31% to roughly 7,000 deals.Despite the global drop, America deal value and volume were up 37% and 49%, respectively. indicating continued resilience in the American economy over the past year. North American deals, valued at $377 billion, comprised over half of the global total.Most sectors have seen activity fall, but earnouts and distressed buyouts are proving more common in less certain times.Geopolitical instability, economic uncertainty and high interest rates don't suggest a banger end to the year, but it seems like the market has found its footing after a tough drop in 2022.In 2023, the economy continues to spur surprise, concern, and relief for investors and stakeholders. Economic experts, who broadly thought a recession was imminent a year ago, have kept revising the probability downward over the course of the year. Unemployment remains low, and inflation has fallen from a peak of 9% in June 2022 to a much more manageable 3.7% last September.