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Global M&A Insights: New challenges, new opportunities

Our H1 report charts the continued recovery in transactions across regions and sectors, the areas likely to be increasingly busy, including hydrogen investments and large carve-out deals, and asks what’s next for Special Purpose Acquisition Companies (SPACs)?

Report highlights

  • H1 worldwide value shows extraordinary M&A growth in almost all regions and sectors   
  • Hints of tighter regulation and cooling of equity markets cause a sudden slowdown in the number of SPACs formed
  • Changed work culture raises M&A challenges for employers and acquirers
  • Hydrogen-related M&A activity rises globally
  • Innovation sparks a forceful resurgence in MedTech transactions
  • Indonesia eases its traditionally tough restrictions on foreign direct investment (FDI) controls, bucking global trends
  • Carve-out and spin-off deals likely to increase as companies reorganise

Hydrogen is emerging as a credible alternative to fossil fuels in a wide variety of applications and markets. Listen to Goran Galic on the growing number of joint ventures in green hydrogen. Podcast length: 09:24.

Transaction value soars across deal types and regions

Although flattered by comparison with the quietest period for transactions in a decade, the volume and value of deals in the first half of 2021 still indicate that the recovery in M&A markets remains robust.

Dramatic pause in global SPACs clouds the outlook

Hints of tighter regulation and the cooling of equity markets have caused a decline in the number of SPACs being formed. But SPACs already created will continue to be a significant force in global M&A as they compete fiercely for acquisition targets.

Changed work culture raises M&A challenges

The pandemic has done more than almost any recent event to disrupt traditional ways of working, creating important challenges for employers and M&A acquirers to address.

Global deal flows

Deal value climbs sharply across almost all global regions

The recovery in the global M&A market, which began last summer, has continued apace in the first half of 2021, and shows no immediate sign of abating.

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Indonesia eases foreign direct investment controls

Indonesia is relaxing its traditionally tough restrictions on FDI in a number of key sectors, bucking a global trend towards tighter FDI controls.


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Carve-out deals likely to increase after Covid-19

As companies look to boost competitiveness, profits and shareholder value, we anticipate a sharp increase in corporate reorganisations, with carve-outs and spin-off deals on the rise.


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M&A analysis by sector

Pandemic-resilient sectors soar, led by TMT and healthcare deals

The value of telecoms, media and technology (TMT) and healthcare transactions soared in the first half of 2021. Other sectors achieved growth, but at a slower pace.


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A rise in hydrogen-related M&A activity globally

Green hydrogen finally looks to be coming of age as an alternative to fossil fuels, sparking a growing number of production and technology joint ventures.


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Innovation and search for growth spark MedTech rebound

After a lull in deal activity this time last year, the first quarter of 2021 was the busiest for MedTech M&A for nearly five years, with further consolidation expected.

 
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Tech companies and SPACs see interests align

Many early-stage, high-growth tech companies see merging with a SPAC as the best route to listing, but caution and careful planning are essential.

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Download the full report

New challenges, new opportunities

To get ahead on M&A activity, download the latest report for our analysis of global market trends.

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