The food and beverage industry experienced moderately strong and consistent deal flow in Q4 2024 that was likely supported by lower interest rates in Canada and the U.S. but limited by the uncertainty stemming from the U.S. election and global conflicts. Financial buyers have been active in food and beverage M&A this quarter, as private equity firms are eager to take advantage of cheaper capital and deploy accumulated dry powder. Additionally, large public companies are continuing to hold on to extra cash to deploy strategically.
