Goldman Sachs expects bigger strategic deals in 2025



Goldman Sachs Expects Accelerated M&A Activity in 2025

Goldman Sachs anticipates a surge in strategic deals, including large-scale mergers and acquisitions, in 2025. According to Chief Financial Officer Dennis Coleman, the company has seen an increase in client dialog and confidence in CEOs and clients regarding the potential for larger-scale transactions.

The Wall Street powerhouse has already benefited from a rebound in investment banking, solidifying its top position in global rankings of mergers and acquisitions. Goldman Sachs advised on one of the largest deals of the year, the $36 billion purchase of Cheez-It maker Kellanova by candy giant Mars.

While buyouts from private equity firms have been slow, Coleman expects activity to pick up next year. Additionally, the anticipated reduction in regulatory burden post elections could unlock more strategic activity, he said.

The intensity of client dialog and the overall strategic activity is becoming more pronounced, signaling a potential increase in deal-making activity in the future.

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