Mid-year report 2024

Dealmakers
Mid-market M&A in Australia

Contents

Australian M&A in 1H24 remains cautiously strategic, as dealmakers focus on long-term value creation.

Earlier this year, our annual Dealmakers report found that 70% of respondents were planning to increase their M&A activities in Australia in 2024. Another 85% said that M&A conditions would improve, paving the way for greater deal volumes.

But sentiment and action are at odds, with dealmakers ultimately taking a cautious approach to M&A activity – however some bright spots, such as offshore buyer interest and steadying deal values and valuations, leave cautious optimism for the second half of the year.

Dealmaking in Australia: 1H24 in numbers

An image containing statistics from a report about Australian mid-market Mergers and Acquisition trends. 1H24 deal value in the mid-market is down 16% and deal volume is down 18%. Value is up 1% in 1H24 for overall Australian M&A and volume is down 9%. Australian mid-market inbound M&A is down 44% and volume is down 4%. All percentages are in comparison to numbers reported 1H23.

So what does the rest of the year look like for Australian dealmakers? Dive into our full mid-year report to understand:

Factors influencing future dealmaking, and how the mid-market can appeal to risk-averse dealmakers
Inbound M&A trends and their impact on the Australian dealmaking landscape
What’s driving activity in the top sectors – in the mid-market and Australia more broadly