The US-UK and EMEA deal corridor is the most active M&A corridor in the world. Despite a fall in deal volumes at the higher end of the market, the midmarket remains strong, fuelled by a reported $2tn of ‘dry powder’ waiting to invest. The combined strength of our UK, US and EMEA practices, and expertise across 25 office locations, means Deloitte is uniquely placed to support clients on a global scale. Read on to find out where the latest opportunities lie in the transatlantic deal corridor.
Deal activity highlights
US investment into Europe is on course to reach one of its highest annual totals on record accounting for over 2/3 of total outbound US M&A activity.
EMEA deal activity into the US also remains strong at US$130bn YTD.
US inbound M&A into UK is greater than inbound M&A by almost all other EMEA countries combined.
Perspectives from our people
- 'Synchronised slowdown’ hits global M&A activity
The slowdown of M&A deal activity during 2018, continued into the first half of 2019 – particularly in Europe. The second half of 2019 showed a small increase in deal volumes, but was still down on prior years.
- A tale of two corridors
US-UK corridor activity continues to be the powerhouse of transatlantic deal making, with the 467 deals between the US and UK representing more than that of US deals with Germany, France, and Spain combined. This is supported by the upturn in the number of completed deals in the second half of 2019.
- US and UK TMT deal activity
TMT deal flow in the US and UK remains healthy with recent transactions completed in digital marketing, publishing, and IT services.