H/Advisors ranks #3 globally in Mergermarket’s 2025 M&A league tables
Our global M&A practice strengthens its position as a leading communications advisor in M&A, ranking #3 globally by deal count in Mergermarket’s 2025 Global and Regional PR Advisor League Tables. Rising from #4 in the 2024 rankings, this performance reflects the continued success of our global growth strategy, integrated advisory model and deep transactional expertise.
Our teams advised on over 300 transactions worldwide, a near 10% increase from 2024, with Europe driving results and coming in at #2 by deal count with over 200 transactions.
- Global: #3 by deal count
- Europe: #2 by deal count
- France: #1 by deal count and value
- UK: #3 by deal value
- US: #4 by deal count
The global M&A landscape
2026: Shifting capital markets
As 2026 unfolds, the global M&A landscape is entering a more nuanced phase. With deal volume predicted to normalise, the media focus is expected to move from “if” activity would return to “how” this activity is carried out.
This change of focus from broader market momentum to scrutiny over deal-specific fundamentals means clear strategy, disciplined execution, and credible stakeholder communication will be central to transaction success.
Media attention is increasingly digging into the forces shaping deal narratives: AI as a catalyst for consolidation, investment in energy and infrastructure as strategic responses to rising energy constraints and resilience risks, and supply-chain realignment as corporates adapted to geopolitical change and protectionism. Investors have diversified away from concentrated US exposure, with emerging markets regaining favour and fixed income and gold benefiting from ongoing uncertainty.
2025: A year of recovery
Across 2025, capital markets were defined by both volatility and divergence, but with a decisive return to activity. Global M&A rebounded strongly, with deal values up 36% to a near record-breaking $4.8 trillion, driven by large strategic transactions as corporates repositioned due to geopolitical tension, persistent inflation and structurally higher rates. Public markets also reopened: global IPO proceeds rose by 39%, pushing growth narratives, pricing and post-listing performance back into the headlines.
