M&A activity is improving

Sources: Dealogic and Wells Fargo Investment Institute. Annual data from January 1, 2010 to September 30, 2021. Deal values are based on values at announcement. M&A = merger and acquisition.

Key Takeaways

  • Global corporate deal volume continues to accelerate in 2021. We anticipate a continuation of this trend based on a large amount of dry powder — that is, capital available to be invested by Private Equity funds and the explosion in special purpose acquisition company (or SPAC) issuance.