Sponsor M&A Deal Value by Sector, 2024 vs 2025 (£bn)
Taken together, 2025 looks less like a clean return to pre-2022 conditions and more like a transitional Looking ahead we retain our cautious optimism, albeit with a new mantra of "once bitten, twice shy". Absent new macro shocks, conditions are certainly in place the appetite for continued deal making. In addition, set of deal types, sectors and structures.