Dykema M&A Volume Remains Strong During Another Challenging Year

We entered 2024 hoping that some of the uncertainties impacting the M&A market would recede into the background; however, a clearer picture never really emerged. Interest rates continued to remain higher than in recent years (though not by historical standards) and economic and political uncertainty seemed to still create headwinds for the M&A market. Given those dynamics, we feel fortunate to have enjoyed success during 2024.

All told we closed 109 transactions, relatively consistent with last year. A significant highlight was the remarkable increase in our average deal size, which increased from $17.7M to $27M. 

Below are some of the tombstones from the deals we closed during the fourth quarter of 2024.