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M&A Activity Soars to $4.9 Trillion in 2025

2/25/2026

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Story summary
  • Mergers and acquisitions activity reached $4.9 trillion in 2025.
  • A 40% rise in deal-making in 2025 underpins the 2026 landscape.
  • Private equity accounts for about 40% of M&A activity amid tighter capital conditions.
  • Goldman Sachs poll shows 57% of clients view scale and strategic growth as key drivers for deals.
  • Boston Consulting Group's Mergers and Acquisitions (M&A) sentiment index remains below the long-term average.