Dan Wharf’s Post

Our M&A and Capital Markets Managing Director, Michael Morrow, had the opportunity to speak to BNN Bloomberg on what we learned from deals from 2023 and what to expect in 2024. While it was a quiet year for M&A activity, there is a strong likelihood it will rebound in the latter half of 2024 as uncertainties around the economy begin to clear. Michael shares more detail on the reasons behind this growth and identifies the sectors that could lead the rebound: https://lnkd.in/gwH2zx3j

Our M&A and Capital Markets Managing Director, Michael Morrow, had the opportunity to speak to BNN Bloomberg on what we learned from deals from 2023 and what to expect in 2024. While it was a quiet year for M&A activity, there is a strong likelihood it will rebound in the latter half of 2024 as uncertainties around the economy begin to clear. Michael shares more detail on the reasons behind this growth and identifies the sectors that could lead the rebound: https://lnkd.in/gE6HYZPQ

Our M&A and Capital Markets Managing Director, Michael Morrow, had the opportunity to speak to BNN Bloomberg on what we learned from deals from 2023 and what to expect in 2024. While it was a quiet year for M&A activity, there is a strong likelihood it will rebound in the latter half of 2024 as uncertainties around the economy begin to clear. Michael shares more detail on the reasons behind this growth and identifies the sectors that could lead the rebound: https://lnkd.in/g3GZ2bgr

Our M&A and Capital Markets Managing Director, Michael Morrow, had the opportunity to speak to BNN Bloomberg on what we learned from deals from 2023 and what to expect in 2024. While it was a quiet year for M&A activity, there is a strong likelihood it will rebound in the latter half of 2024 as uncertainties around the economy begin to clear. Michael shares more detail on the reasons behind this growth and identifies the sectors that could lead the rebound: https://lnkd.in/g_cybtEx

Our M&A and Capital Markets Managing Director, Michael Morrow, had the opportunity to speak to BNN Bloomberg on what we learned from deals from 2023 and what to expect in 2024. While it was a quiet year for M&A activity, there is a strong likelihood it will rebound in the latter half of 2024 as uncertainties around the economy begin to clear. Michael shares more detail on the reasons behind this growth and identifies the sectors that could lead the rebound: https://bit.ly/3RPRjs3

Discover the latest insights on M&A activity in our Q4 2023 Quarterly Update. We’re excited to share that deal activity saw an increase, accompanied by a rise in private investors. Despite ongoing economic challenges and persistent inflation pressures, we’re starting to see signs of growth. Stay ahead of the game and gain valuable insights into the M&A landscape. Explore the full report here: https://lnkd.in/gEng7yV5 #PwCNZ 

Predictions that last year’s strong second half for secondaries portended good things have proved accurate so far in 2024, with new buyers emerging, bid-ask spreads shrinking, and deal activity improving. Even if a full recovery is still on the come, optimism is strong as we approach the year’s midpoint. William Blair’s Private Capital Advisory team outlines the improving state of the secondary market in its latest report. Learn more: https://lnkd.in/gyX2bNWg

Nice summary on the state of the secondary markets from William Blair, which reflect the views of Mike Custar and his team on GP-led continuation vehicle segment: “…secondaries' resilience over the past two years partly resulted from GP-leds' ability to address numerous platform-fund and asset-level objectives — solving liquidity challenges while holding onto important assets that GPs are familiar with — in addition to price…In addition, GPs will most likely continue to seek to provide that liquidity amid a competitive fundraising environment, leading to steady (and robust) supply and demand for GP-led solutions.”

Worth your time for a quick viewing. Key points: 1) Forecasted increased M&A activity, despite market challenges, 2) new thought strategies for dealmakers, 3) emerging risk mitigation strategies.

Executives are paying more attention to key risks facing transactions. Ninety-six percent of respondents to Aon's survey expect ESG scrutiny in deals to increase over the next three years and 86 percent would abandon a deal if they uncovered a material cybersecurity risk, among others. I suggest reviewing Aon's "Risk in Review" document which you can find within the article.