Hub
U.S. investment banking · November 2026
Announced M&A value
$954.80B+56.8%
Jan 1 – Nov 7, 2026 · YoY
M&A transactions
417+22.3%
Jan 1 – Nov 7, 2026 · YoY
Median premium
45.0%
Latest 25 public-target deals
IPO pipeline
$7.73B
79 filed companies · expected raise
M&A volume
Announced U.S. M&A by target sector · Dec 2024 – Nov 2026Monthly totals · * Nov to dateU.S.-listed targets and private companies bought by listed acquirers · SEC EDGAR
Valuations Median EV / Adj. EBITDA
Tech
14.2x+3.1x
LTM · vs. Q3 2026
Healthcare
10.2x-0.5x
LTM · vs. Q3 2026
Energy
11.7x+2.3x
LTM · vs. Q3 2026
Financials
13.6x-1.1x
LTM · vs. Q3 2026
Industrials
12.4x+0.0x
LTM · vs. Q3 2026