Pitcher Partners’ latest Deal Pulse report highlights a steady Queensland M&A market that is ‘Thinking big’, with 120 announced transactions in the first half of 2026 and a record $11.1 billion in disclosed deal value – the largest first half since the inception of our Deal Pulse publication.
Large-cap transactions drove the headline result, while the mid-market remained resilient and broad-based, reinforcing the depth of buyer appetite for quality Queensland assets.
Volumes: 120 deals compared to the two-year average of 117
The first half of 2026 included the following notable trends:
Industrials & chemicals – Recorded its strongest first half in seven years, supported by demand for scaled industrial capability.
Consumer – Delivered its highest first-half activity since 2022, with automotive retail and food-related businesses attracting buyer interest.
Financial services – Was the biggest mover with 11 deals, driven by consolidation across insurance broking and wealth management.
While several large transactions dominated disclosed deal value, activity remained well distributed throughout the mid-market, reflecting a healthy and engaged transaction environment. With capital focused on infrastructure, resources and industrials, the state enters H2 2026 with strong momentum.
If you’re interested in knowing more about your industry sector’s M&A activity, or would like to discuss how we may be able to support you, please get in touch via phone or email.
