德勤（Deloitte）：2025年美国并购趋势研究报告：转型时刻（英文版）（29页）.pdf

1、2025 M&A Trends SurveyA time to pivot2040503Executive summary.3M&A survey respondent perspective on the coming yearFinding 1:Optimism running high for 2025.10Finding 2:Momentum building after a measured 2024 M&A market rebound.12Finding 3:Pivoting as a new normal for M&A.16Finding 4:Embedding techno

2、logy and responsive foreign targeting in dealmaking.21Conclusion.25Next steps for this research.26About the survey.270201Contents06Authors and contributors.283For this 11th annual report,Deloitte has again explored the M&A landscape and its prospects for the year ahead.For 2025,the data includes som

3、e particularly interesting and encouraging findings.At the highest of levels,the familiar inputs and disruptionseconomic,fiscal,technological,and geopoliticalare now increasingly baked in for many dealmakers.Uncertainty has always been part of the dealmaking mix.Two years ago,given the pandemic and

4、rising geopolitical challenges,the character of the uncertainty was sufficiently novel and profound that we made it the focus of our annual outlook(titled“Navigating uncertainty”).In our 2024 M&A Trends Survey,we identified one solution for M&A leaders involving new collaboration and alternative fin

5、ancing models(“Mind the gap”).For the year ahead,our latest survey indicates that pivots,shifts,and innovation are the tactics most likely to be embraced by dealmakers as they adapt to current trends.For 2025,we anticipate that macroeconomic tailwinds will likely prompt increased M&A activity,buildi

6、ng on the measured rebound we forecasted,and then experienced,during 2024.Corporate and private equity firm“pivoting”is the impetus for our new research and survey.For brevity and utility,weve summarized the latest data and analyses with an initial macroeconomic view of the M&A marketplace.Following