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Australian M&A deal value jumps 19%

Australian M&A deal value jumps 19%

— 1 minute read

The first half of 2018 saw a 19 per cent increase in the deal value of Australian mergers and acquisitions and a 13 per cent rise in deal volume, according to a new report.

A new report by accounting business consulting firm Pitcher Partners and Mergermarket has found that there were 564 deals struck in H1 2018 to the tune of $58 billion.

When compared to the same period last year, where 497 deals were struck that came to $48 billion, this represented a 13 per cent increase in deal volume and a 19 per cent increase in deal value.


In the financial services in particular, the number of deals rose to 13 from 8 in H1 2017.

Source: Pitcher Partners

Looking forward, M&A activity is set to rise even further, the report indicated.

“The remainder of 2018 could hold greater promise given the country’s solid fundamentals – specifically strong economic performance together with political stability.”

Pitcher Partners partner and Baker Tilly International global head of corporate finance Michael Sonego commented: “These factors will continue to play to Australia’s advantage as a choice investment destination for foreign buyers, an investor group that has contributed significantly to mid-market M&A.

“Likewise, emerging industry trends, such as convergence and industry consolidations, could bolster buys into hot sectors – specifically, technology, media and telecommunications (TMT), consumer and financial services.”


Australian M&A deal value jumps 19%
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