Average transaction value increased in Q4 FY2026, largely driven by transactions in the financial sector. Although the number of deals declined, acquirers remained focused on high-quality acquisition opportunities.
In Q4 FY2026, Australia recorded a 33% year-on-year decline in completed transactions; however, average deal values increased by approximately 82% compared to Q4 FY2025. This reflected a greater concentration of larger transactions, with the average value of deals above $100 million increasing from $474 million in Q4 FY2025 to $812 million in Q4 FY2026.
The focus of our analysis in this update is on mid-market transactions, and we have specifically excluded transactions with a gross transaction value greater than $5 billion.
Thinking about expanding or exiting your business? Need help identifying acquisition targets or planning for succession? HLB Mann Judd Sydney is here to support your next move.
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