The first quarter of FY2023 saw a significant decrease in the total number of transactions completed in Australia while the average deal value slightly decreased compared to the corresponding period in the prior year.

Based on the published transaction data for Q1 FY2023, there were 263 deals completed compared to 395 in Q1 FY2022, being a decrease of 33%. This trend is consistent with our observations of recent M&A transactions witnessing prolonged negotiations and longer deal periods, reflecting greater risk aversion in the current investor sentiment.

The average deal size decreased from $132 million in Q1 FY2022 to $130 million in Q1 FY2023.

Are you thinking of expanding or exiting your business? Need advice about succession planning?

HLB Mann Judd Sydney Advisory can help. We have extensive experience helping business owners develop succession plans that allow them to achieve maximum value in the transition of their business.

Learn more about our Client Solutions here.