APAC MID-MARKET MERGERS & ACQUISITIONS REPORT FOR Q4 FY2022

Moore Australia

27 July 2022

Despite interest rates continuing to rise, M&A activity remains strong in the APAC market for the final quarter of FY2022

Moore Australia is pleased to publish the Financial Year (FY) 2022, Q4 review of APAC Mid-Market Mergers and Acquisitions. Moore Australia is a network of five independent accounting and business advisory firms with 14 offices across Australia, and an independent member of the Moore Global Network.
Highlights of the report include:

Despite the RBA making headlines with continuing interest rate rises, the fourth quarter was exceptionally strong in deal activity.
152 deals published in Q4 in the AU and NZ mid-market M&A sector– up from 134 in Q3, and consistent with Q4 FY2021.
Deal value across Australian and New Zealand is up by $15M to an average of $49.8M
Top-3 performing sectors were IT, Services and Leisure, with Agriculture showing an increase in deal value of over 60%.

Benjamin Yeo, Chair of the Moore Australia National Corporate Finance Committee stated: “Despite the RBA continuing to increase interest rates, the strength of the M&A activity continues to grow. The Australia and New Zealand share of the global market is slowly recovering, at 11% this quarter, compared to 13% previously. With border restrictions easing, there has been an increase in Trans-Tasman cross border transactions which has likely played a key role.

The entire APAC region has experienced a robust quarter also, with 678 deals, at an average of $46M deal value, an 11.5% incrase on last quarter. WIth the growth in the final quarter on FY2022, the outlook for the next financial year is looking more positive."