Are you ready for a wave of mergers and acquisitions in the coming years? According to a recent survey by EY, CEOs around the globe are gearing up for increased M&A activity through 2024. In fact, acquisitions and divestitures are seen as essential for their immediate priorities.
The survey, which polled 1,200 global executives and 300 institutional investors, revealed that M&A deals in the first quarter of 2024 reached a whopping $796 billion, marking a significant 36% jump from the same period in 2023. The primary focus of these deals? Acquiring technology, boosting production capabilities, and integrating innovative startups.
Looking ahead, EY predicts that divestitures, spinoffs, and IPOs will take center stage as the top M&A initiatives for the year. CEOs are honing in on acquiring tech and product capabilities, as well as tapping into the potential of startups to drive innovation within their organizations.
But that’s not all – according to a separate survey by KPMG, managers of U.S. private equity firms are eyeing up healthcare, infrastructure, and life sciences deals as their top targets for 2024. It seems like the M&A landscape is set for a dynamic and transformative year ahead.
With M&A activity on the rise, businesses must stay nimble and responsive to the ever-changing landscape of opportunities and challenges. Are you ready to make your mark in this dynamic environment?