U.S. Mergers & Acquisitions Monthly Review: June 2025

U.S. M&A deal activity decreased in June, going down 2.9% with 989 announcements compared to 1,019 in May. Aggregate M&A spending decreased as well. In June, 22.1% less was spent on deals compared to May.

In terms of M&A deal activity, 7 of the 21 sectors tracked by FactSet saw an increase in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest increases in M&A deal volume were: Technology Services (744 vs. 701), Electronic Technology (89 vs. 64), Producer Manufacturing (181 vs. 165), Transportation (74 vs. 60) and Non-Energy Minerals (74 vs. 60).

On the other hand, 13 of the 21 sectors tracked by FactSet saw a decrease in M&A deal activity over the past three months relative to the same three-month period one year ago. The five sectors that witnessed the largest declines in M&A deal volume were: Finance (517 vs. 688), Commercial Services (343 vs. 392), Consumer Services (183 vs. 230), Distribution Services (123 vs. 167) and Retail Trade (79 vs. 103).

Topping the list of the largest deals announced in June are: Brown & Brown, Inc., entering into an agreement to acquire Accession Risk Management Group, Inc., for $9.8 billion; Sanofi's agreement to acquire Blueprint Medicines Corp. for $8.7 billion; Flowserve Corp.'s deal to acquire Chart Industries, Inc., for $7.18 billion; Casa Del Fuego Family Office & Trust LLC acquiring Digital Global Systems, Inc., for $5 billion; SRS Distribution, Inc., a subsidiary of The Home Depot, Inc., agreeing to acquire GMS, Inc., for $4.2 billion. 

This blog post is for informational purposes only. The information contained in this blog post is not legal, tax, or investment advice. FactSet does not endorse or recommend any investments and assumes no liability for any consequence relating directly or indirectly to any action or inaction taken based on the information contained in this article.