US Mergers & Acquisition Monthly Review

Data Financials

Source: FactSet
Source Link: https://insight.factset.com/
Frequency: Monthly
Next Release(s): February 26th, 2026 12:00 PM

Latest Updates

U.S. M&A deal activity increased in December, going up 4.8% with 1,146 announcements compared to 1,094 in November. Aggregate M&A spending increased as well. In December 56.9% more was spent on deals compared to November.
- In terms of M&A deal activity, 10 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The six sectors that witnessed the largest increases in M&A deal volume were: Technology Services (865 vs. 697), Non-Energy Minerals (117 vs. 76), Industrial Services (237 vs. 208), Commercial Services (422 vs. 399), Retail Trade (109 vs. 92), and Electronic Technology (92 vs. 75).
- On the other hand, 10 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (652 vs. 861), Consumer Services (184 vs. 234), Producer Manufacturing (194 vs. 234), Health Technology (88 vs. 128), and Distribution Services (141 vs. 163).
Source
U.S. M&A deal activity decreased in November, going down 24.8% with 1,012 announcements compared to 1,346 in October. Aggregate M&A spending decreased as well. In November 13.7% less was spent on deals compared to October.
- In terms of M&A deal activity, 7 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The six sectors that witnessed the largest increases in M&A deal volume were: Technology Services (889 vs. 702), Commercial Services (466 vs. 409), Non-Energy Minerals (115 vs. 65), Industrial Services (241 vs. 196), Miscellaneous (23 vs. 15), and Retail Trade (99 vs. 91).
- On the other hand, 13 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (692 vs. 780), Producer Manufacturing (184 vs. 235), Distribution Services (137 vs. 187), Consumer Services (208 vs. 236) and Health Technology (100 vs. 127).
Source
U.S. M&A deal activity decreased in October, going down 3.3% with 1,270 announcements compared to 1,314 in September. However, aggregate M&A spending increased. In October, 20.4% more was spent on deals compared to September.
- In terms of M&A deal activity, 6 of the 21 sectors FactSet tracks saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume are: Technology Services (883 vs. 701), Commercial Services (477 vs. 406), Non-Energy Minerals (122 vs. 63), Industrial Services (248 vs. 216) and Miscellaneous (18 vs. 14).
- On the other hand, 13 of the 21 sectors FactSet tracks saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume are: Finance (669 vs. 756), Distribution Services (129 vs. 182), Producer Manufacturing (178 vs. 221), Consumer Non-Durables (69 vs. 95) and Consumer Services (200 vs. 222).
Source
U.S. M&A deal activity increased in September, going up 11.2% with 1,146 announcements compared to 1,031 in August. Aggregate M&A spending increased as well. In September 41.8% more was spent on deals compared to August.
- In terms of M&A deal activity, 7 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume were: Technology Services (803 vs. 702), Non-Energy Minerals (102 vs. 54), Commercial Services (430 vs. 389), Consumer Services (229 vs. 216) and Process Industries (84 vs. 77).
- On the other hand, 12 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (529 vs. 702), Producer Manufacturing (157 vs. 223), Distribution Services (105 vs. 169), Health Services (94 vs. 124) and Transportation (65 vs. 85).
Source
U.S. M&A deal activity decreased in August, going down 15% with 956 announcements compared to 1,125 in July. Aggregate M&A spending decreased as well. In August, 35.1% less was spent on deals compared to July.
- In terms of M&A deal activity, 6 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume were: Technology Services (744 vs. 701), Electronic Technology (89 vs. 64), Producer Manufacturing (181 vs. 165), Transportation (74 vs. 60) and Non-Energy Minerals (74 vs. 60).
- On the other hand, 14 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (595 vs. 682), Distribution Services (102 vs. 160), Producer Manufacturing (177 vs. 211), Retail Trade (66 vs. 91) and Health Services (83 vs. 104).
Source
U.S. M&A deal activity decreased in July, going down 3.6% with 1,038 announcements compared to 1,077 in June. However, aggregate M&A spending increased. In July, 58.5% more was spent on deals compared to June.
- In terms of M&A deal activity, 4 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago: Non-Energy Minerals (83 vs. 61), Electronic Technology (82 vs. 67), Technology Services (742 vs. 732) and Miscellaneous (19 vs. 15).
- On the other hand, 17 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (594 vs. 699), Distribution Services (107 vs. 161), Health Services (79 vs. 121), Producer Manufacturing (175 vs. 209) and Industrial Services (181 vs. 206).
Source
U.S. M&A deal activity decreased in June, going down 2.9% with 989 announcements compared to 1,019 in May. Aggregate M&A spending decreased as well. In June, 22.1% less was spent on deals compared to May.
- In terms of M&A deal activity, 7 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume were: Technology Services (744 vs. 701), Electronic Technology (89 vs. 64), Producer Manufacturing (181 vs. 165), Transportation (74 vs. 60) and Non-Energy Minerals (74 vs. 60).
- On the other hand, 13 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (517 vs. 688), Commercial Services (343 vs. 392), Consumer Services (183 vs. 230), Distribution Services (123 vs. 167) and Retail Trade (79 vs. 103).
Source
U.S. M&A deal activity decreased in May, going down 7.9% with 969 announcements compared to 1,052 in April. However, aggregate M&A spending increased. In May, 40.3% more was spent on deals compared to April.
- In terms of M&A deal activity, 5 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago: Technology Services (764 vs. 636), Transportation (78 vs. 66), Electronic Technology (73 vs. 69), Miscellaneous (16 vs. 14), and Process Industries (70 vs. 68).
- On the other hand, 15 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (541 vs. 669), Consumer Services (138 vs. 231), Commercial Services (331 vs. 402), Distribution Services (117 vs. 176) and Health Services (82 vs. 112).
Source
U.S. M&A deal activity decreased in April, going down -1.6% MoM with 940 announcements compared to 955 in March. Aggregate M&A spending decreased as well. In April 50.3% less was spent on deals compared to March.
- In terms of M&A deal activity, 4 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago: Technology Services (715 vs. 640), Health Technology (102 vs. 90), Miscellaneous (19 vs. 13) and Consumer Non-Durables (87 vs. 83).
- On the other hand, 14 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (478 vs. 639), Commercial Services (335 vs. 470), Consumer Services (138 vs. 229), Distribution Services (97 vs. 179) and Industrial Services (179 vs. 213).
Source
U.S. M&A deal activity decreased in March, going down 5.9% with 892 announcements compared to 948 in February. However, aggregate M&A spending increased. In March, 49.9% more was spent on deals compared to February.
- In terms of M&A deal activity, 5 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago: Technology Services (747 vs. 648), Health Technology (121 vs. 96), Energy Minerals (26 vs. 19), Miscellaneous (18 vs. 13) and Government (1 vs. 0).
- On the other hand, 16 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Commercial Services (393 vs. 533), Finance (489 vs. 621), Consumer Services (143 vs. 246), Distribution Services (120 vs. 209) and Producer Manufacturing (165 vs. 216).
Source
US Mergers & Acquisitions Monthly Review: February 2025 2025-03-18 12:00
US Mergers & Acquisitions Monthly Review: January 2025 2025-02-25 12:00