Commenting on the Office for National Statistics M&A figures for January - March 2024 released today:
Lucy Stapleton, UK Head of Deals, said:
“The first quarter of the year has seen UK M&A activity perform at similar levels to the previous quarter showing there is still cautious confidence in the market. Macroeconomic conditions continue to stabilise making the conditions for deals more favourable. This is evident in the volume and value overall, but we are still some way off the record breaking levels we saw in 2021 and the level of activity we were seeing pre-pandemic. Some sectors are proving particularly resilient however, such as energy and technology.
“Looking ahead, we expect confidence to continue growing in the M&A market and this will be key to carrying the momentum for the rest of the year. Businesses will also need to be agile to opportunities and shift their view of M&A from transactional to transformational to unlock growth and value potential in their organisations.”
Ends
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