M&A trends 2025: A time to pivot

Barry Winer

Barry is Head of Research for Deloitte’s US Mergers, Acquisitions & Restructuring Services practice. Barry has more than 20 years of experience as an innovative research leader, proven leader/general manager and consultant advising large enterprises on organic and inorganic growth strategy and execution. He is a proven innovator with research that informs senior executive decision making and action. His knowledge and experience ranges from M&A, Restructuring and Margin Enhancement to all aspects of growth strategy and implementation in service to startups, G1000 corporations and private... equity firms. Barry earned his Bachelor of Science in Electrical Engineering from Lehigh University, an MBA from the Tuck School at Dartmouth College and is a US Air Force veteran and aviator with service in Operation Desert Storm.

Susan Dettmar

Susan is a Principal with Deloitte Consulting LLP and leads the M&A Consultative Services practice. Susan has spent over 20 years focused on M&A, predominantly Post-Merger Integration and Divestiture. She has supported over 50 deals with a cumulative deal value of $200 Billion.

Adam Reilly

Adam is a partner with Deloitte & Touche LLP and Managing Partner of Deloitte’s US Mergers, Acquisitions, and Restructuring Services practice. In this role, he is responsible for the strategy and delivery of Deloitte’s services to Corporate and Private Equity clients across each stage of the M&A and Performance Improvement/Restructuring lifecycle, collaborating with our clients to help them transform their businesses. Adam has more than 25 years of experience with Deloitte, including more than 20 years dedicated to M&A. He has advised on transactions with over $250 billion in value, including multi-billion dollar... leveraged buyouts, growth acquisitions, strategic mergers, and complex carve-out transactions. His experience spans working with clients to help them maximize deal value through due diligence, deal structuring, operational and financial reporting, global integration, and divestiture activities. Previously, he served as Deloitte’s US Private Equity Leader, where he focused on delivering Deloitte’s full suite of services to Private Equity firms and their portfolio companies. Adam based in our San Francisco office and previously worked in Los Angeles and Bermuda. Adam is a Certified Public Accountant (CPA) and holds a B.A. in Business Economics with an emphasis in Accounting from the University of California, Santa Barbara.