Global M&A Activity Grows 10% to $1.9T Led by North America

Global mergers and acquisitions (M&A) activity experienced a 10% increase in the first nine months of 2025, reaching approximately $1.9 trillion, the highest since 2022 but still significantly below the 2021 peak of $3.3 trillion. North America led this growth, accounting for over 60% of global deal value and seeing a 25% surge to about $1.2 trillion, driven by strong corporate and financial buyer activity. Europe showed mixed results with an overall 5% drop to $375 billion, though countries like the Netherlands and Switzerland recorded substantial increases, while Spain and France saw notable declines. The Asia-Pacific region faced a sharp downturn, declining 19% to a decade low of $284 billion, impacted by global uncertainty and regulatory challenges. Sector-wise, technology, media, and telecommunications dominated with $536 billion in deals, alongside significant growth in industrials, energy, and health care, while materials and consumer sectors declined. This uneven recovery reflects regional economic resilience and strategic acquisition focus amid ongoing geopolitical tensions and market volatility.