In 2020, 2021 and 2022, it seemed like every day brought an announcement of a new merger or acquisition. That made sense given that it was insanely cheap to get capital and there was more than enough to go around. Fast forward to 2023 and those announcements subsided. There are still acquisitions for capacity, growth and whatever problem needs to be solved but not nearly at the rate of 2021 and 2022.
