Despite a year of geopolitical shocks and valuation gaps, UK dealmaking remained resilient in 2025. Sponsors adapted with alternative structures, from minority sales and consortium bids to continuation vehicles, to keep transactions moving. Speaking to Law360UK, Global Head of M&A, Jannan Crozier, shares why those who stayed active through the turbulence are now stepping into 2026 with a competitive edge.

In the article, Jannan explains why businesses can thrive in a challenging market if they buck the market trend and why those who carried on with M&A in 2025 are going to have a competitive edge in the year ahead. She also provides insight into the current trend for private equity sponsors to buy an entire business and then carve out separate businesses to sell off, demonstrating an increase in confidence in remodelling businesses that they buy.

Later in the article, she discusses the perception of an AI bubble in dealmaking, commenting "it doesn't matter if conceptually there is the perception of a bubble because the companies now driving AI have invested too much to fail.”.

Read the full article on Law360UK.
Explore Our Newsroom