Despite the global economic slowdown and high interest rates that put pressure on dealmaking through 2022 Many companies continue to see M&A as a key route towards growth. Our latest North American CFO Signals study showed that nearly half the respondents believed between 10% and 1% of their business’s growth could be due to M&A deals.
The recent stabilization of inflation and interest rates is an indication that the worst might be over. This, along with renewed confidence in the US economy and lessening fears of a recession should hopefully encourage more businesses to make strategic deals this year.
In the end, we anticipate that the coming year will be one of the most active for M&A in a variety sectors. The industrial sector is likely to remain a top target, particularly for acquisitions that target innovative technologies such as EVs and cloud-based solutions. We also anticipate the energy transformation to accelerate, and firms in this field will likely seek to acquire additional assets and new post here thisdataroom.com capabilities to help them succeed.
After a significant downturn in 2022, we are anticipating a rebound for the tech industry in 2024 as artificial Intelligence and its applications (like artificial intelligence that is generative) are attracting the attention of businesses as well as investors and the general public. Additionally the healthcare industry is a constant focus of M&A as companies and investors attempt to bring niche medtech assets to the market.