Mergers and acquisitions (M&A) market outlook
Your latest deals market snapshot
At Deloitte, we know that every choice matters. And when it comes to bringing organisations together through mergers and acquisitions (M&A), there’s no time to second-guess. Discover the key global and UK M&A trends across industries in our 2023 M&A outlook videos and articles, as well as how hot topics, such as inflation, digitalisation and Environmental, Social and Governance (ESG), may affect M&A deals.
Watch our video updates | M&A market outlook – Q1 2023
Our 2023 M&A outlook videos consider how the macroeconomic environment may affect M&A deals and focus on current M&A trends in the Business Services and Industrials sectors, as well as Performance Improvement and investment in Sports M&A.
Business Services | Q1 2023 update
Given the current uncertain macroeconomic environment, Hannah Rock – Business Services M&A Advisory Director, analyses recent Business Services deal levels and explores three key activity drivers in 2023. This includes ESG, as COP27 focuses attention once again on sustainability.
Industrials | Q1 2023 update
Andrew Rogers – Transaction Services Partner, provides insight into what will drive the Industrials sector’s M&A activity in 2023. Energy transition is considered the biggest theme, as a key part of organisations’ ESG agendas, alongside disruptive technology and strong supply chains.
Performance Improvement | Q1 2023 update
Louise Harvey – Performance Improvement M&A Director, looks at why deal activity levels in 2022 have been a tale of two halves. Louise examines what we can expect in 2023, especially given the huge amount of dry powder available in the market.
Sports | Q1 2023 update
With over 200 M&A transactions completed globally across the Sports sector in the first ten months of 2022, Sam Boor – Director, and Theo Ajadi – Manager, in Sports M&A Advisory and Transaction Support, discuss the impact of high investor interest, which regions are transacting and predictions for 2023.
Macro perspective | Q1 2023 update
Despite volatile stock markets and rising interest rates restraining markets, Fenton Burgin – Head of Advisory Corporate Finance, provides key insights on why we should still be confident in 2023 deal levels. Fenton discusses why we’ll see a big pivot into the mid-market and which sectors we’ll see strong buyer interest.
Read our insights | M&A market outlook – Q1 2023
Our 2023 M&A outlook articles discuss how current market headwinds may impact M&A deals, highlighting key activity drivers in the Financial Services (FS), Energy and Resources, and Technology, Media and Telecommunications (TMT) sectors.

What four themes will drive Financial Services (FS) M&A activity in 2023?
With the FS sector accounting for almost 17% of all global and European M&A transactions, David Lock – Head of Bank M&A Strategy, and Jonathan Gold – Head of EMEA Financial Institutions Group, discuss three main themes driving M&A deals into 2023.

What key themes should Energy & Resources dealmakers consider in 2023?
Jonathan Hughes - Energy, Resources & Industrials M&A Partner, discusses two main themes that dominate the energy landscape - energy security and commodity prices, alongside climate change and energy transition. Jonathan discusses how these will affect M&A activity in 2023.

What challenges will Technology, Media and Telecommunications (TMT) dealmakers face in 2023?
After a year with challenging macro factors, TMT M&A Partners Duncan Down and Charlotte Perfect, highlight what limitations TMT dealmakers could face in 2023 and which markets are likely to recover and grow the quickest.
YouTube playlist | M&A market outlook – 2022
What's been going on in the M&A market so far this year? With ongoing market uncertainty, our 2022 updates offer a macro perspective and discuss key M&A trends and drivers of M&A activity in the Consumer, FS, and TMT sectors.
Key contact

Fenton Burgin
Partner, Head of UK Advisory Corporate Finance

Charindra Pathiwille
Partner, Financial Advisory
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