Silhouettes of business people shaking hands in front of a blue, digital backdrop. MarshBerry reports there were 708 announced 2022 M&A transactions in the United States as of January 3, 2023 – a decrease of 24.3% from the 924 deals in 2021. (Credit: metamorworks/Shutterstock.com)

Merger and acquisition (M&A) activity likely had its second-highest deal count on record in 2022, despite standing against a challenging economic backdrop, according to MarshBerry's Q4 2022 Quarterly M&A Market Update. 2021 holds the record for the most announced deals, and also marked the fifth-straight year for highs in M&A deals and valuation multiples.

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].