10-07-2025
48% fall in M&A/PE deals in June qtr
New Delhi: Merger &Acquisition (M&A) and Private Equity (PE) deals declined sharply by 48 per cent in value terms to $17 billion in April-June compared to the previous quarter due to mounting global uncertainties and a cautious investment climate, according to consultancy firm Grant Thornton Bharat.
In volume terms, mergers and acquisitions (M&A) and PE deals dropped by 13 per cent to 582 in the second quarter of 2025 compared to the first quarter.
India's M&A and private equity landscape experienced a significant slowdown in April-June 2025, with deal volumes and values both taking a hit due to mounting global uncertainties and a cautious investment climate, GTBharat said.
A total of 582 transactions (including IPOs and QIPs) amounting to $17 billion were reported during the June quarter. This marks the lowest quarterly deal value since Q2 2023. After excluding public market activity, 554 deals were recorded, with a combined value of $12.8 billion.
The decline is attributed to ongoing geopolitical tensions, including the Iran-Israel conflict, policy uncertainties surrounding the Trump presidency, the Russia-Ukraine war, and surging gold prices, which collectively dampened investor sentiment.
'Despite the slowdown, the sustained momentum in private equity investments, the emergence of new unicorns, and a promising uptick in public market activity towards the quarter-end are encouraging indicators.