Our Mergers & Acquisitions Annual Report for FY2026 is your essential guide to what’s really happening in the Australian deal market.

This year, we’ve seen a shift: dealmakers are more selective, focusing on quality over quantity as they navigate economic headwinds and new opportunities.

Key stats at a glance
  • 895 deals completed in FY2026 (down from 1,077 in FY2025)
  • Average transaction size jumped to $162 million (up from $133 million last year)
  • Local business confidence dipped after the Federal Budget, but early signs of recovery are emerging for FY2027
  • Sectors like technology and materials are attracting premium valuations, while traditional industries face more pressure
  • International buyers continue to pay a premium, with one in three deals involving a global party
What’s inside the report?
  • In-depth analysis of deal volumes, values, and industry trends
  • The real story behind valuation multiples and what’s driving them higher in key sectors
  • Major and SME deal highlights, including the transactions shaping the market
  • Forward-looking insights: how Baby Boomer succession, private equity’s resurgence, and the rise of AI are set to influence the next wave of M&A
We go beyond the numbers, offering context and clarity so you can make your next move with confidence. Whether you’re planning a sale, acquisition, or just want to understand where the market is heading, this report is packed with the insights you need.
 
Download the full report now and see what’s shaping the future of the Australian mergers and acquistions. 
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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.

With a proven track record of helping clients unlock stakeholder value through acquisitions and divestments, our Advisory team delivers hands on lead advisory services tailored to mid-market transactions, typically ranging from $10 million to $200 million.
Whether you’re looking to grow through strategic acquisition, prepare for a successful exit, or develop a succession plan that protects and maximises your legacy, we bring deep experience, commercial insight and a genuine commitment to your success.

As part of the HLB international network, we combine local knowledge with global reach to help Australian business owners navigate complex decisions with confidence.

To arrange a complimentary exit readiness review or explore strategic acquisition and divestment opportunities, reach out to our team.

Learn more about Transaction Advisory services.