Q2 Dealtracker 2026
Thought leadershipThe April edition of the Monthly Dealtracker presents a consolidated view of transaction activity across mergers and acquisitions, private equity and public markets.
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July 2026 saw dealmaking regain momentum, led by large-ticket M&A transactions and stronger cross-border activity. Domestic transactions drove volumes, while overseas acquisitions contributed significantly to deal values. PE investors focused on early-stage and growth-oriented companies, with retail and consumer, BFSI and IT and ITeS among the active sectors. The July edition of Dealtracker analyses these trends across M&A, PE and capital markets.
July 2026 marked a strong growth in M&A activity, recording 76 deals worth USD 6 billion. Deal volumes increased by 25% while values more than doubled over the previous month, returning activity to levels seen in May 2026.
Cross-border deals contributed 85% of total M&A values, led by several large outbound acquisitions, with the month's four largest cross-border deals collectively valued at USD 4.9 billion.
The month recorded the lowest PE values of 2026, with activity largely concentrated in investments below USD 20 million, which accounted for 86% of disclosed deal values. This highlights a continued preference for early-stage and growth-oriented opportunities over larger funding rounds.
Retail leads overall deal volumes, while IT & ITeS and BFSI continued to see strong participation across both M&A and PE markets. Deal values were driven by IT, Infrastructure Management, Transport & Logistics and BFSI, supported by a mix of large strategic acquisitions and private equity investments.
The April edition of the Monthly Dealtracker presents a consolidated view of transaction activity across mergers and acquisitions, private equity and public markets.
India’s dealmaking environment continued to demonstrate resilience in May 2026, supported by sustained activity across mergers and acquisitions, private equity, and public markets.
The April edition of the Monthly Dealtracker presents a consolidated view of transaction activity across mergers and acquisitions, private equity and public markets.