M&A trends in the consulting industry

Poised for growth?

The number of consulting deals1 fell in 2017, for the second successive year. Indeed, the number of deals completed was down by more than 40% from the industry’s recent high-water mark in 2015. Some firms have remained very active, as have some segments of the market—notably digital and cybersecurity—but overall, 2017 was the quietest year since 2014.