Financial Services Trends: What's Next In M&A And Regulation

Below the surface of a headline-grabbing plateau in mega-deals, companies and regulators are navigating the short-term turbulence with an eye to the long-term.

While the market for mega-deals has plateaued this year and there is a slight decline in the mid-market, deals of $100 million and below remain at a strong growth rate (Figure 1). This includes a robust market in roll-up transactions. On mega-deals, there is some evidence that numbers are on track to normalize—particularly when compared with historical levels. Annualized transaction values for 2022 are projected to reach $4 billion and deal volume to reach 134 (Figure 2).

Figure 1 - Financial services transactions by deal value