Corporate Finance
Year in review FY25
PKF Corporate Finance is pleased to present our Year in Review report for FY25. This document provides a snapshot of Australian M&A activity as a whole and also analyses key assignments that PKF advised on.
This overview includes:
Trends and highlights – overall Australian M&A activity
An analysis of M&A activity in FY25 in Australia, including deal values, number of deals, and sector trends.
Snapshot of activity, key assignments, and case studies
Insights into and summary of key assignments completed by PKF during FY25 by line of service and client industry.
Contacts
Contact details for our corporate finance teams should you wish to learn more about the contents of this report or to discuss future opportunities.
The financial year ended 30 June 2025 (FY25) saw an increase in the number of announced M&A transactions in Australia, up ~7% compared to FY24, while announced deal values increased by ~44% from FY24. M&A ‘megadeals,’ such as the AU$36.9bn bid for Santos Ltd, have helped to prop up the overall value of deals in FY25, while outbound / cross-border activity is expected to continue to pick up.
PKF Corporate Finance teams advised on 148 mandates in FY25 across our three core service lines: corporate advisory, transaction services and valuations.
Should you wish to learn more about the contents of this review or to discuss future opportunities, please contact the relevant persons listed below: