merger waves

Merger waves are periods during which many companies combine through mergers and acquisitions, often driven by economic, technological, or strategic factors. These cycles tend to occur in clusters and are influenced by favorable market conditions, such as economic growth, regulatory changes, or financial incentives. During a merger wave, companies seek to expand their market share, improve efficiency, or adapt to industry changes by merging with or acquiring others. After these peak periods, activity usually slows as the market stabilizes or new challenges arise. Overall, merger waves reflect moments of strategic consolidation within industries driven by broader economic trends.