Dealmakers had a busy start to the year, with a lot of the activity coming from so-called megadeals, according to recent industry reports. WTW’s review of Q1 M&A activity globally found an “an all-time record” for the quarter for megadeals, or deals valued at $10 billion or more. By its count, there were a dozen such deals closed in the quarter. The prior three months only saw two deals of that size. In fact, megadeals helped drive total value of Q1 deals to $438 billion, “a five-year high,” and a 155% increase from Q1 2025. IBM completed one such megadeal last quarter, with its acquisition of Confluent Inc. for an approximate value of $11 billion. “Mega transactions have re-emerged with a vengeance,” Jana Mercereau, WTW’s head of Europe M&A consulting, said in a statement. “Well-capitalized dealmakers have returned to the market with renewed confidence, taking advantage of improved M&A conditions to pursue large strategic transactions to scale operations, bridge capability gaps, and secure critical AI-enabling technologies.” Keep reading.—AZ |