Despite the global economic slowdown and high interest rates, which put the pressure on this article Strategies with secure data room deals through 2022 Many companies see M&A as a key route to increase their growth. In fact, our most recent North American CFO Signals survey found that nearly half of respondents predicted that between 1% and 10% of their company’s growth this year to come from M&A transactions.
The recent stability of inflation and rates of interest is a sign that the worst might be over. This, in conjunction with renewed optimism in the US economy and lessening the fear of a recession will hopefully inspire more companies to make strategic deals this year.
We anticipate that the upcoming year will be one of the busiest for M&A across a broad range of industries. The industrial sector will be a top target, particularly for acquisitions focused on cutting-edge technologies like EVs and cloud solutions. We also anticipate that the energy transition will accelerate and that businesses in this sector might seek to acquire assets and capabilities that will help them succeed.
After a significant downturn for the tech industry in 2022 we expect to see an increase in 2024 since artificial intelligence (AI) and its related applications, such as generative AI, capture the attention of businesses, investors, and the public. Additionally the healthcare industry continues to be a major area of M&A as companies and investors race to bring niche medtech assets to market.