US Deals 2025 outlook
The uneven US M&A recovery will likely accelerate in 2025 as dealmakers digest the implications of a new regulatory regime.

Driving value from this deal—and building momentum for what’s next
The future belongs to bold strategists. With 82% of US CEOs predicting that companies failing to reinvent their business models won’t survive the next decade, dealmakers face a pivotal moment. The most forward-thinking executives are seizing the opportunity to redefine their strategies and unlock transformative value through smart, well-timed deals.
At PwC we do more than facilitate transactions — we are your strategic advisor, helping you build a clear, value-driven roadmap for growth. Our deals team collaborates with you to uncover strategic opportunities at every step of the deal that drive long-term impact, so you can increase value and strengthen your competitive edge. From industry leaders to emerging disruptors, we empower companies across sectors to thrive by transforming their strategy, fast-tracking deal value and securing their future.
The uneven US M&A recovery will likely accelerate in 2025 as dealmakers digest the implications of a new regulatory regime.
US public markets are gearing up for a 2025 resurgence driven by interest rate cuts, pent-up investor demand and a growing backlog of IPO hopefuls.
We expect restructurings — in court and outside of court — to remain at a high level through at least the first half of 2025, and perhaps longer.
More companies are disclosing material weaknesses in their IPO filings to provide greater transparency with investors.
Corporate development executives are balancing strategy, regulatory changes and evolving technology to help their companies thrive in a new M&A environment.
While IPO activity thus far is in line with 2024 levels and has outperformed the lows of 2022 and 2023, challenges remain.
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Our deals team brings sharp insight, global experience and a deep understanding of your industry and business. We’re ready to move fast, collaborate closely and deliver data-fueled approaches — with a steady focus on what’s next.