Monthly Canadian M&A Report

Month Ended June 30, 2025

MARKET UPDATE

102 M&A transactions closed last month, with year-to-date M&A activity down 23.7% versus 2024. Cash on corporate balance sheets in North America was $6.8 trillion (USD). There was approximately $1.3 trillion (USD) of private equity dry powder, representing roughly $2.6 trillion (USD) in latent acquisition capacity when debt funding is factored in.

Despite recent strength in equity markets, the disconnect between market optimism and deal flow continues to widen as buyers remain cautious.

VALITAS INSIGHTS

Opaque Lending Market: At Valitas Capital Partners, we focus on discovering and unleashing value for our clients. In this article, we explore why running a competitive financing process is the only way to surface the outlier proposal that optimizes your risk of default, available liquidity, and cost of capital.