ANALYSIS: M&A Terminations Continued to Decline in 2024

Last year reversed the two-year decline in completed deals, with 23,063 completed M&A transactions.

The numbers are still below 2019’s pre-pandemic counts yet there’s cause for optimism this year, as the US election ushered in a business-friendly administration.

A likely reason for the increase in the number of completed deals in 2024 (i.e., either closed or terminated after a definitive agreement was signed) may have been the growing confidence among dealmakers, as the private credit market boosted deal volumes and financing conditions became more favorable for buyers.

Deal Terminations Down

What about the deals that didn’t make it to the ...