A Year to Remember for Tampa Bay’s M&A Activity
While global dealmaking activity didn’t stage the dramatic comeback many hoped for in 2024, Tampa Bay defied the odds with an extraordinary year of mergers and acquisitions (M&A). Despite a slight global rebound toward the year’s end, transaction volume worldwide only increased by 7% compared to 2023, staying consistent with mid-2010s levels, according to a Bain & Co. report. In contrast, Tampa Bay companies posted a banner year, with transaction values reaching record highs.
Top Tampa Bay Deals of 2024
The region witnessed more multibillion-dollar deals in 2024 than in recent memory. Reported deals valued at over $1 billion totaled $18.2 billion, more than double the previous year and $6 billion more than 2022’s high-water mark for M&A activity. Below are the top five deals of the year that made waves across industries.