William & Wall Issues National & Arizona M&A Highlights Report
SCOTTSDALE, Ariz. — December 2025 — William & Wall, a Scottsdale-based M&A advisory firm, has released its newest market brief, Arizona M&A Highlights, a 12-page analysis of deal volume, transaction values, and buyer behavior shaping today’s middle-market environment. As national M&A activity accelerates on the back of rate stability and improved credit availability, Arizona continues to distinguish itself with steady volume and significantly larger transaction sizes, reflecting renewed conviction across both strategic acquirers and private equity sponsors.
The report captures several of the state’s most notable recent transactions—including Cadre’s acquisition of TYR Tactical, SmartStop’s acquisition of Argus, Nautic’s acquisition of Cenavera, and MTQ’s acquisition of Hickman’s Family Farms—and places them within the broader context of rising platform activity, out-of-state buyer expansion, and the increasing strategic importance of Arizona-based operators. While national dealmaking has shifted from caution to active execution, Arizona’s data reveals a market moving upstream, with deeper institutional engagement and a clear preference for high-quality, scalable operators.
For business owners evaluating succession, liquidity, or private equity partnership, understanding these trends is critical. This report outlines how buyer appetite, deal structure dynamics, and valuation drivers are evolving as the middle market enters a more constructive phase for sell-side processes. William & Wall continues to advise founder-led and private equity–backed companies across Arizona, the Southwest, and nationwide, helping owners navigate transactions with clarity, confidence, and institutional-grade execution.
📈 Download the full 12-page report to explore the latest national and Arizona M&A trends shaping deal activity in 2025.
💡 Considering a sale or recapitalization? Contact William & Wall for confidential, expert sell-side M&A advisory.
