Highlights from the report:
- Under the category of “we thought it could be worse”, M&A transaction volume declined only 15% in 2Q; however, total transaction value rose 20% — driven by fewer but larger deals and a heightened focus on deal quality.
- From our buy-side clients and new prospects, we’ve picked up a stubborn persistence for a better second half of M&A - despite the headwinds from what have become the usual suspects. For example, we just closed a unique buy-side in the complex healthcare claims arena – picking up from where a previous advisor dropped off, we stretched the scope into adjacent markets and uncovered a transformative acquisition opportunity!
- Looking forward, activity across three of our focus sectors underscores the market’s underlying resilience:
- Tech Services M&A is centered on scalable platforms in MSP, cybersecurity, and unique service lines benefiting from these chaotic times (e.g. supply chain finance);
- The Industrials sector is seeing strong M&A activity, although the market is increasingly selective; and
- Financial Services buyers continue the march of consolidation with a premium on client retention and recurring revenue.
DISCLAIMER This presentation is intended for information and discussion purposes only and does not constitute legal or professional investment advice. Statements of fact and opinions expressed are those of the participants individually and, unless expressly stated to the contrary, are not the opinion or position of Harbor View Advisors, LLC (“HVA”). The information in this presentation was compiled from sources believed to be reliable for informational purposes only. HVA does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented.
