Q1 2025 – QUARTERLY M&A MARKET RECAP
- Global Industrial Manufacturing (“IM”) M&A activity stalled in Q1 2025 as both domestic and international investors began strategizing around the implications of anticipated U.S. regulatory changes. Domestic IM transactions were particularly affected as buyers slowed down transaction activity, largely due to uncertainty associated with the anticipated new trade policies and their potential impact on costs.
- U.S. Industrial Manufacturing activity saw a sharp decline as total deal volume fell 28.7% in Q1 2025 compared to the same time last year. Europe was the most active global region accounting for roughly half of all deals in the quarter.
- The Global IM M&A market out-performed the U.S., falling only ~20% in Q1 2025. Most notably, global Financial Buyers managed to find opportunity in the market noise as their transaction activity rose 20% compared to Q1 2024, potentially indicating that this buyer subset is undeterred by the current geopolitical backdrop and still hunting for quality businesses.
Read Industrial Manufacturing M&A Pulse Q1 2025 Full Report