The following post was originally included as part of our recently published memorandum “Selected Issues for Boards of Directors in 2024”.
The M&A Environment in 2024
Global deal value in 2023 fell to the lowest level seen in a decade. It was the first year since 2013 that the M&A market failed to hit the $3 trillion value mark, with continued reduced deal activity from private equity firms, which spent 36% less on acquisitions than in 2022. For boards and management teams pondering the M&A environment in 2024, a complex mix of macroeconomic, geopolitical and sector-specific headwinds and tailwinds make prognostication difficult.Continue Reading Outlook for M&A and Shareholder Activism in 2024