MARKET UPDATE

105 M&A transactions closed last month, 35.4% lower than the average monthly transaction count over the previous ten years. As of March 31, M&A activity year-to-date is down 20.1% versus 2024. Cash on corporate balance sheets in North America was $5.8 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.

Recent strength in the equity markets usually serves as a leading indicator of heightened M&A activity. However, the current market conditions suggest that deal flow may remain subdued in the near term.

VALITAS INSIGHTS

How do I assess my company's liquidity options? Valitas is focused on discovering and unleashing shareholder value. Every month, we feature content from our experienced team members that aligns with that focus. Click the link below for a guide on understanding liquidity options, including insights into how to avoid the common pitfall of trapping your business' equity.