March continued February’s slowdown, with U.S. deal count and total deal value decreasing 29% and 34%, respectively, and global deal count and total deal value decreasing 19% and 7%, respectively. U.S. strategic deals followed the broader U.S. trend, decreasing 28% by deal count and 48% by total deal value. U.S. sponsor deals were also down by both deal count and deal value, decreasing by 32% and 6%, respectively. Globally, total strategic deal count and deal value decreased by 18% and 14%, respectively. Total global sponsor-related deal count followed the trend, decreasing by 22%. However, global sponsor-related deal value increased by a modest 5%.
