onlycfo.io · 2025-03-01
· 460d
The State of M&A in 2025
This article analyzes M&A market conditions for 2025, explaining why deal volume has declined from 2022 peaks due to interest rates, stock volatility, and macro uncertainty. It outlines three exit paths (IPO, strategic acquisition, PE acquisition, shutdown), emphasizes that most exits will involve PE, and provides tactical advice on timing, buyer selection, and deal preservation.
Metrics in this report
Software Industry M&A Deal Volume
3667deals
peak
2022 peak for software M&A deal volume
Software Industry M&A Deal Volume
3360deals
average
2023 software M&A deal volume
Strategic Acquisition Market Share
33percent
average
Percentage of SaaS acquisitions by pure strategics (vs. 67% by PE firms)