M&A activity was mixed in November. U.S. activity declined 21% by total deal value and remained flat by deal count. Sponsor deals drove the decline in U.S. total deal value, falling 52% by deal value and a more modest 3% by deal count. U.S. strategic activity, meanwhile, was up 11% by total deal value and up 2% by deal count. Global activity was up 6% by total deal value and remained flat by deal count. Global strategic activity was up 12% by total deal value and flat by deal count, while global sponsor activity was down 5% by total deal value and up 4% by deal count.
