ANALYSIS: 2023’s Spinoff Deal Count Was Third-Highest in 10 Years

The number of spinoffs announced in 2023 didn’t break any records despite their quick start to the year. Yet spinoff deal counts over the past few years suggest that this transaction type remains popular, which the continued coverage of spinoffs and other corporate divestitures in business or M&A news confirms.

The mergers and acquisitions market finished 2023 with 211 spinoffs—defined as deals that involve the creation of independent companies through the sale or distribution of new shares of an existing business or division of a parent company. Despite the slight decline from 2021’s record high (234) and 2022’s near-record total ...