Welcome to the last edition of Horizons in 2024, a sectors special written by our BDO M&A professionals around the world. We put the spotlight on Natural Resources, Building Products, Packaging and Real Estate.
The overall global data shows a decline on deal activity in the last quarter of 2024, a drop of around 20% compared to the second quarter. However, the level of transactions remains ahead of pre-COVID times. The heat chart shows that the expected level of transactions is considerably down if compared to the last few years of data. Whilst this may be concerning, there is no doubt that pipelines are still healthy, there are quality assets out there and private equity has both deep pockets to buy and mature portfolio businesses to sell. We expect activity to pick up once the geopolitical array of uncertainties clear away.