Research Report · May 2026

The AI Advantage:
Selling smarter
and selling for more

How artificial intelligence reshapes business value, for advisory firms like Q5 Strategies and the businesses they take to market.

Prepared by ValueLab · valuelab.ca
Research basis Bain, McKinsey, PwC, EisnerAmper
45%
of M&A executives used AI tools in 2025, more than double the year before
Bain & Co., 2026
20%
average cost reduction in M&A processes reported by firms using generative AI
McKinsey, 2026
1 in 5
strategic acquirers walked away from a deal in 2025 due to AI risks in the target
Bain & Co., 2026
$4.9T
global M&A deal value in 2025, the second-highest on record, up 40% year-on-year
Bain & Co., 2026

What this report argues, in plain terms

The M&A market has developed an AI premium, and it runs in both directions. Businesses with documented AI adoption in their operations are attracting higher multiples and more competitive buyer pools. Businesses without it are facing harder questions in due diligence and, in some cases, lower offers as a result. One in five strategic acquirers walked away from a deal in 2025 because of the anticipated impact of AI on a target's business model. That number is not going down.

For Q5 Strategies, this matters on two levels. First, how the firm itself uses AI changes what it can deliver to clients: faster buyer identification, sharper due diligence, more competitive transaction outcomes. Second, the pre-sale work Q5 does with clients now needs an AI dimension that it did not need three years ago. Business owners who want to maximize their exit value have a meaningful window to close the gap before buyers do it for them in the negotiation.

This report covers the verified data behind both claims, the specific ways AI creates value inside an advisory practice, the seven mechanisms through which AI implementation lifts business valuation before a sale, and a practical pre-sale readiness checklist that Q5 can apply immediately.

01 The market shift is real and quantified. Global M&A hit $4.9 trillion in 2025. AI was a primary driver of deal activity, premium pricing, and deal abandonment in equal measure.
02 The advisory advantage is measurable. McKinsey's 2026 survey found firms using generative AI in M&A report an average 20% cost reduction and 30-50% faster deal cycles.
03 The valuation impact compounds. AI that improves margins, reduces owner dependency, and creates documented process assets lifts both the EBITDA number and the multiple applied to it.
04 Owner dependency is still the biggest single discount factor. AI is one of the most credible tools for resolving it before a sale, faster than hiring a management team.
05 The window for differentiation is open but narrowing. Only 45% of M&A executives are using AI tools today. Advisors who build this capability now will be the ones clients seek when the rest catch up.

The market has changed.
The multiple is the proof.

The M&A market of 2026 is structurally different from the one that existed two years ago. Understanding how is not optional for anyone advising business owners on exits.

$4.9T
Global M&A deal value in 2025, up 40% year-on-year and the second-highest on record
Bain & Company Global M&A Report 2026
~50%
of strategic tech deals over $500M in 2025 involved AI-native companies or cited AI benefits
Bain & Company 2026
75%
of strategic acquirers assessed the impact of AI on their target's business during 2025 diligence
Bain & Company 2026
20%
of strategic acquirers walked away from a deal due to the anticipated impact of AI on the target
Bain & Company 2026
AI adoption in M&A processes
% of M&A executives using AI tools, 2024 vs 2025 (Bain survey, n=300+)
Benefits reported by AI users in M&A
% citing each benefit (McKinsey, 2026)

What buyers are actually paying for

Buyers in 2025-26 are not paying a premium for AI as a story. Baker Tilly's 2025 Tech M&A analysis is direct on this: the question is no longer whether you use AI, but whether that AI has a measurable impact on margins, customer retention, or scalability. Companies that cannot show the impact are not getting the multiple.

The businesses that do get the premium share a few things in common. They have AI embedded in operations, not bolted on for the pitch deck. They have documented, demonstrable results. And the AI they use is part of what makes the business defensible, not just efficient.

The flip side is equally real. Businesses where core services can be replicated by widely available AI tools are seeing buyers push for lower multiples, not because the business is badly run, but because the moat has narrowed. A marketing agency relying heavily on copywriting and design is a different risk profile today than it was in 2022.

For Q5 Strategies, this creates a clear advisory mandate: clients need to know where they sit on this spectrum before they go to market, not after the first offer lands.

Fact-checked finding

Bain's 2026 survey of 300+ M&A executives found that 75% now formally assess AI's impact on acquisition targets during diligence, and 20% walked away from a deal as a consequence. These numbers are consistent across the 2025 and 2026 Bain M&A Report series and are independently corroborated by PwC and McKinsey deal trend data.

How Q5 Strategies can use AI as
a competitive capability

Q5 already has a structural differentiator: one integrated team across exit planning, valuation, legal, and wealth management. AI extends that advantage across every phase of the deal.

Where AI creates value across the M&A deal lifecycle
% of M&A executives citing AI benefit at each deal stage (McKinsey, 2026)

Pre-sale: client preparation and buyer intelligence

The pre-sale phase is where the most value gets created, and where most traditional advisors are not yet applying AI. Business readiness assessments that once took weeks of manual analysis can now be completed in days using AI-assisted financial review. Buyer universe mapping, which used to depend entirely on a rolodex, can now draw on platforms that monitor acquisition intent signals from SEC filings, corporate job postings, and capital allocation patterns.

McKinsey describes this as moving from "traditional target lists" to richer sourcing. The practical implication for Q5: the buyers an AI-assisted process surfaces are categorically different from the buyers a manually assembled list produces. That means more competitive offers, faster timelines, and less likelihood of walking away from a process with a single bid.

Real case

A UK-based healthcare technology company sold in 9 weeks, versus the 6-9 month industry average, after working with an AI-assisted M&A advisor. The buyer identified was a Y Combinator-backed US acquirer that traditional advisors had not flagged. The process generated four competitive offers and achieved a 34% higher valuation than initial estimates from a traditional advisor. (DealFlowAgent, 2025)

During the sale: due diligence efficiency

Due diligence is where AI creates the most immediate, measurable time advantage. NLP-based document review tools can process thousands of contracts and financial records in hours rather than weeks. Platforms cut contract review time significantly, and 86% of acquirers report at least partial AI adoption in their deal pipelines as of 2025.

Use case Tool type Practical output for Q5
Contract review and risk flagging NLP document review (e.g., Kira, LEGALFLY) Key clauses extracted, change-of-control terms identified, risk flags surfaced in hours not weeks
Financial anomaly detection AI accounting tools Revenue leakage, hidden liabilities, and tax exposure surfaced before buyers find them
Buyer Q&A preparation Generative AI (Claude, GPT-4) Due diligence question lists drafted, document gaps identified, red-flag summaries prepared
Buyer identification and intent signals Market intelligence platforms (AlphaSense, DealPotential) Buyers actively seeking acquisitions identified through SEC filings, job postings, and capital signals
IC memo and deal summary production Generative AI Structured summaries of diligence findings produced faster, human-reviewed before use

Post-sale: integration and wealth planning

Post-sale integration is where many deals quietly lose the value they negotiated. AI helps advisory teams model optimal integration sequences, flag operational dependencies that human review misses, and track milestone progress. For Q5's wealth management component, AI also supports more personalised post-sale financial planning scenarios for exiting owners, including tax modelling and reinvestment analysis.

McKinsey finding

Firms using generative AI in M&A report an average 20% reduction in transaction costs. 40% report deal cycles that are 30-50% faster. These figures come from McKinsey's February 2026 survey of M&A practitioners, not projected estimates. (McKinsey, "Gen AI in M&A: From theory to practice," January 2026)

What AI does to the value of
a business before it sells

When Q5 prepares a client for sale, one of the highest-return interventions available is helping that business implement AI in a way that is documentable, measurable, and buyer-credible. The evidence from 2025 M&A data is consistent.

The seven value levers AI activates pre-sale

01

EBITDA margin expansion

AI reduces cost per output in back-office functions: admin, scheduling, reporting, compliance preparation. A 2-3 point margin improvement at a 5x multiple adds roughly 10-15% to enterprise value before a single revenue dollar changes.

02

Owner-dependency reduction

Consistently the most significant discount factor in SMB transactions. AI that encodes founder knowledge into documented workflows and automated decisions removes the single biggest reason buyers lower their offer or walk away entirely.

03

Scalability demonstration

AI-enabled businesses show that growth is not linearly tied to headcount. That decoupling, where revenue potential exceeds cost structure, is a premium buyers pay for explicitly. Firms embedding AI in operations are seeing valuation uplifts of 40-100% compared to non-AI peers in competitive buyer situations.

04

Revenue quality and retention

AI improves customer retention through faster service delivery, more consistent quality, and better follow-through. Higher net revenue retention is a direct multiple driver. Buyers pay more for predictable, sticky revenue.

05

Proprietary process and data assets

Companies that have used AI to build proprietary workflows, decision models, or data processes have created intellectual property. Companies with well-documented, defensible AI assets consistently achieve multiples at the upper end of their range, or beyond it.

06

Diligence readiness

A business with documented AI workflows, clean data architecture, and clear system ownership sails through diligence. Diligence friction is a major source of last-minute valuation reductions. Buyers using AI in their own diligence will scrutinise a target's AI posture and price accordingly.

07

Management credibility signal

A business that has not engaged with AI at all now faces a credibility question about leadership quality and operational thinking, independent of whether the business is otherwise well-run. Selective, purposeful AI adoption signals that management makes pragmatic decisions.

+

The compounding effect

These levers do not operate independently. Better margins produce higher EBITDA. Lower owner dependency and stronger process documentation produce a higher multiple applied to that EBITDA. The combination multiplies the impact well beyond what any single lever suggests on its own.

The numbers: what buyers are actually paying

Mid-market EBITDA multiples by business type
Indicative ranges for North American private company transactions, 2025-26

Sources: DealFlowAgent 2025-26 exit valuation guide; First Page Sage meta-analysis (Q3 2022-Q1 2025); Ocean Tomo 2025. Multiples are indicative ranges. Actual multiples depend on growth profile, customer concentration, management depth, and deal structure.

A worked example: the same business, three outcomes

To make this concrete, consider a professional services firm with $800K EBITDA, a realistic Q5 Strategies client. Here is how AI preparation changes the exit outcome.

Scenario EBITDA Multiple Enterprise value vs. baseline
No AI preparation. Owner-dependent, manual processes, limited documentation. $800K 4.0x $3.2M Baseline
Basic AI adoption. Some automation documented, owner-dependency partially reduced. $850K 4.8x $4.1M +$900K
Embedded AI operations. Systematised, documented, owner-independent processes with measurable efficiency gains. $920K 5.5x $5.1M +$1.9M

Illustrative model using mid-range multiples from 2025-26 market data. EBITDA improvements reflect documented outcomes from comparable AI implementation case studies including EisnerAmper's 2025 private company valuation analysis. Individual results vary by industry, deal structure, and buyer type.

Enterprise value comparison: three scenarios
Same business, same market, different AI preparation ($800K EBITDA baseline)

Real-world evidence from comparable transactions

Distribution / Logistics
7x→9x EBITDA multiple

A regional distribution company implemented AI demand forecasting. Inventory turnover improved 15%. The resulting EBITDA increase shifted the acquisition multiple from approximately 7x to 9x. On a $2M EBITDA business, that is a $4M difference in enterprise value from a single workflow change.

EisnerAmper, "How AI is shaping the valuation of private companies," September 2025

Healthcare Technology
+34% above initial estimate

A UK healthcare technology company engaged an AI-assisted M&A advisor and completed its transaction in 9 weeks versus the 6-9 month industry average. The AI buyer search identified a strategic acquirer that traditional advisors had not found, produced four competitive offers, and achieved a 34% higher valuation than the initial estimate.

DealFlowAgent case study, 2025

Embedded software operations
40-100% valuation uplift

Firms embedding AI into existing operations are seeing valuation uplifts of 40-100% compared to non-AI peers when competing for strategic buyers. The premium reflects buyer recognition that AI-enabled firms carry lower operational risk and higher growth potential simultaneously.

EisnerAmper, 2025; corroborated by Ocean Tomo IP and AI Asset Management analysis, 2025

PE portfolio companies
TAM 3x addressable market

FTI Consulting's analysis of PE portfolio companies found that widening the AI value creation lens allowed one digital publishing company to revise its estimate of addressable market upward by 3x, which had a direct and material effect on its valuation multiple at exit.

FTI Consulting, "Three plays for driving value creation in 2025," 2024

The pre-sale AI readiness
checklist

For Q5 Strategies, this checklist serves two purposes: as a diagnostic during pre-sale preparation with clients, and as a differentiating service that positions Q5 ahead of generalist brokers who are not asking these questions.

Why this matters now

PE investment committees now spend material time evaluating a target's AI readiness during diligence, and the proportion of acquirers doing formal AI assessments grew significantly in 2025. A client that goes to market without having addressed these questions will face them from buyers, under time pressure, during a transaction. Better to surface and resolve them first.

Operations and workflow documentation

Are core business processes documented in a way that does not require the owner's presence to execute? AI-assisted process mapping and standard operating documentation can address this in weeks rather than months, and it removes one of the most common buyer objections during diligence.

Owner-dependency audit

Which decisions, relationships, or institutional knowledge currently live only in the owner's head? AI can encode structured decision trees, CRM intelligence, and client relationship history before the sale. The Exit Planning Institute estimates that only 20% of businesses that want to sell successfully complete a transaction; owner dependency is a primary driver of failed exits.

Data architecture and cleanliness

Is financial data structured, labelled, and audit-trail accessible? AI due diligence tools cannot work with messy data. Buyers using AI-assisted diligence, and 86% now do to some degree, will flag disorganised data architecture immediately and price the remediation risk into their offer.

AI governance posture

Does the business have documented policies on AI use, data privacy, and model oversight? Buyers are increasingly requiring this as a standard diligence item, particularly in professional services, financial advisory, and healthcare. Absence of governance is itself a risk flag that some buyers use to justify earnout structures or holdbacks.

Back-office automation ROI

Can the business demonstrate measurable cost reduction or efficiency gains from any AI or automation already in place? Dollar-denominated outcomes survive buyer scrutiny. Percentage improvements and abstract benefits do not. If the numbers exist, document them now.

Competitive moat assessment

Has any AI implementation created something proprietary: a workflow, a dataset, a client intelligence model? If yes, document it and get it into the information memorandum. If no, assess whether there is time to build it. Companies relying entirely on off-the-shelf tools face a harder question about defensibility.

Talent independence from AI systems

If one or two key employees left after a sale, would the AI-enabled systems continue to operate? Buyers apply significant risk discounts to businesses where AI value is locked in specific individuals rather than embedded in documented systems that any competent team can run.

What this means specifically
for Q5 Strategies

Q5 has a structural differentiator in its integrated team model. AI extends that advantage in four concrete directions, two internal and two client-facing.

🔍

Competitive differentiation in the advisory market

Adding a pre-sale AI readiness assessment, even a structured 15-question diagnostic, positions Q5 differently from generalist brokers. Buyers are spending significant time on AI readiness during diligence. Advisors who help sellers get ready for that scrutiny win mandates. Advisors who do not are leaving value on the table for their clients and for themselves.

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A new paid service line: the AI readiness assessment

The AI readiness assessment could become a standalone, paid pre-engagement service. A half-day diagnostic that identifies which AI interventions would move the needle before a sale, quantified in dollar-denominated value terms, is a natural complement to the valuation work Ernest Bednarz's team does at Malahat Valuation Group. It adds an AI lens to the valuation conversation at the exact moment when buyers are going to ask for one.

Better seller outcomes, more referral-generating results

If Q5 helps a $5M business reduce owner-dependency and improve margins by 2 points before going to market, and that lifts the multiple from 5x to 6.5x, the enterprise value increases by $1.75M. That outcome is directly attributable to Q5's pre-sale preparation. Results at that level generate referrals. A commission on a higher transaction value is not a bad business outcome either.

🛠

Internal practice efficiency

AI tools used inside Q5's operations compress timelines and reduce analytical effort. Buyer research that used to require days of manual work can be done in hours. Document analysis, deal memo production, and valuation modelling all become faster. The same logic that creates value in client businesses applies here. The practical starting point is straightforward: Claude or GPT-4 for document synthesis and memo drafting, a VDR with AI categorisation for diligence management, and a structured buyer intelligence tool like AlphaSense or DealPotential for target identification. None of these requires significant capital. All are available today.

The integrated wealth planning advantage

Q5's model includes post-sale wealth planning, which most boutique M&A advisors do not offer. AI-assisted scenario modelling, tax optimisation analysis, and reinvestment strategy at this stage is a genuinely differentiated offer. The owner who gets better-than-expected proceeds from an AI-enhanced sale process, and then gets more sophisticated post-sale financial planning, is a client who tells other business owners about their experience.

Six things this research establishes

01 Buyers are paying premiums for AI-enabled businesses and applying discounts to those that have not engaged with it. The Bain, McKinsey, and EisnerAmper data from 2025 is consistent across sectors and deal sizes. This is not a forecast.
02 The EBITDA multiple impact is real and quantifiable. A 2-point margin improvement from AI, combined with a half-turn multiple uplift from reduced owner risk, can add $1-2M to enterprise value on a business in Q5's typical client range. EisnerAmper documented a 2x multiple improvement on a single operational AI change in a distribution company.
03 Owner-dependency is still the single biggest discount factor in SMB transactions. AI is one of the most practical tools for resolving it before a sale, and it is faster than hiring a management team.
04 Advisory firms using AI internally complete transactions faster and achieve better outcomes for sellers. McKinsey's 2026 data: firms using generative AI in M&A report an average 20% cost reduction and 30-50% faster deal cycles. The DealFlowAgent case study shows a 34% valuation premium from AI-assisted buyer matching.
05 A pre-sale AI readiness assessment is a natural, differentiated service extension for Q5 Strategies. It complements the existing valuation and exit planning work, creates an early-stage client touchpoint, and produces measurable outcomes that generate referrals.
06 The window for differentiation is open, but it is narrowing. Only 45% of M&A executives were using AI tools in 2025. The firms that build this capability now will be the ones clients seek. The firms that wait will be the ones catching up.