President Donald Trump's policies should help drive merger and acquisition activity in 2017, according to one expert.

"I always say, at the highest level, Donald Trump is a dealmaker. So I think as he approaches everything in his administration, he's taking sort of an eye towards doing deals," said Paul Aversano, global practice leader of the transaction advisory group at Alvarez & Marsal. "At the end of the day, I also think that the eye toward less regulatory involvement, loosening of the tax codes, tax reform, and other things that he's already discussed are really going to drive M&A activity."