Despite the global slowdown in economic growth and high interest rates, which put pressure on dealmaking until 2022 Many companies believe that M&A as a crucial route towards growth. Our latest North American CFO Signals study revealed that a majority of respondents believed between 1 and 10 percent of their business’s growth could be attributed to M&A deals.
The recent stabilization of helpful site https://thisdataroom.com/strategies-with-secure-data-room/ interest rates and inflation is a sign that the worst could be over. This, coupled with renewed confidence in the US economy and the easing of fears of a recession should hopefully encourage more businesses to seek out strategic deals this year.
We believe that the coming year will be a busy year for M&A across a wide range of industries. The industrial sector will continue to be an important target, especially for acquisitions aimed at innovative technologies such as EVs, and cloud solutions. We also expect the energy shift to accelerate, and businesses in this sector will likely be looking to acquire additional assets and capabilities that will help them succeed.
After a severe downturn for the tech industry in 2022, we expect to see an increase in 2024 as artificial intelligence (AI) and its related applications, like generative AI, grab the attention of businesses, investors, and the public. The healthcare sector is a major focus for M&A, as investors and companies compete to bring innovative medical technologies to the market.