GLOBAL M&A ACTIVITY IN THE FIRST HALF OF 2022 FELL BACK TO PRE-PANDEMIC LEVELS: PWC ANALYSIS
According to PWC analysis, global deal values fell by 20% in the first half of 2022 compared to the first half of 2021, and are likely to decrease further as the economic fallout is priced into global markets. Deal volumes fared better, falling back to pre-pandemic levels. The number of megadeals (value in excess of US$5 billion) decreased by almost 40% between the second half of 2021 and the first half of 2022.
Private equity (PE) now accounts for almost 50% of all deal value, double the level from just five years ago.
Deal activity continues to be vigorous in the technology, media and telecommunications sectors, accounting for over one quarter of deal volume and one third of deal value in the first half of 2022, as digital adoption of new technologies remains a priority.