Quick Look-in at 2Q22 US Transaction Activity
With the recent volatility in the public markets and the macroeconomic backdrop changing rapidly, we thought we would quickly revisit the resulting implications to the M&A environment.
As widely documented, the last several years have represented a vibrant deal making setting, notwithstanding the impact of the Covid-19. Similar to real estate, it has been a seller’s market with a great deal of capital chasing quality assets. 2022 has seen a confluence of new factors, including rising interest rates, tight labor, supply chain challenges and the war in Ukraine, that have shifted confidence levels and have introduced new operational and financial challenges into the fray. That said, strategic consolidators and private equity alike continue to look for investment opportunities capable of supporting the strategic imperative to “win” over the long-term.
