M&A Year in Review 2023 brochure - Flipbook - Page 76
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2024 M&A Outlook
We begin 2024 with measured optimism for an increase in M&A
transactions both by volume and value.
Strategic investors, bolstered by surging C-suite confidence, strong
balance sheets, and the need to embrace artificial intelligence and
digital transformation, are poised to engage in more dealmaking.
Private equity principals, benefiting from upwards of US$2 trillion
in dry powder, a declining cost of capital, and narrowing valuation
gaps between sellers and buyers, are also positioned to engage in
additional transactions.
Across strategics and sponsors, we expect increased M&A activity in
the energy, life sciences and health care, mobility, and technology
sectors.
M&A transactions will continue to face headwinds during the course of
2024, attributable to active antitrust enforcement and foreign direct
investment scrutiny, persistent conflicts in Europe and the Middle
East, continuing trade tensions between China and the United States,
and uncertainties associated with upcoming elections in the Americas,
Asia-Pacific, and the United Kingdom.
Even so, the opportunity to embrace new markets, keep pace with
technology, and harness government subsidies will lead to additional
transactional activity in the months to come.
We begin 2024 with measured
optimism for an increase in
M&A transactions...”
