2014 is turning out to be a truly impressive year for transactions and there is growing confidence that this recovery is fit to last. Global M&A volume totals $3.23tr in 2014 YTD, the highest YTD volume since 2007 ($4.08tr) and 27% higher than 2013 YTD ($2.54tr). M&A activity is being stimulated by returning confidence in a global economic recovery, and we are seeing an increased focus on the developed, western markets.Investment is flooding back into Europe, with US and Asian investors seeking opportunities to purchase European brands, patents and technologies, and to access European supply chains and consumers. We are also seeing strong M&A activity in the US and across Asia Pacific.
Over the past 18 months, merger and acquisition (M&A) activity has accelerated meaningfully in Europe.That trend is poised to continue, if not accelerate, in many industries, especially those characterized by transformation: Pharmaceuticals, Media et Technology, Energy, Consumer markets… Successful corporate acquirers continue seeking for growth with focus on integration, valuation and due diligence to reach strategic goals and increase shareholder value.Companies and their boards are clearly in confident mood. With plenty of cash on their balance sheets, and with low interest rates still prevailing, this is clearly an opportune time to be funding deals. Indeed, transactions are once again winning strong support of shareholders, a growing number of executives are considering whether or not to take advantage of the confluence of positive financial conditions and really change their business, jumpstart growth, and transform themselves to leaders in the Market.
Yet many dealmakers indicate that transactions completed in the past two years have not generated their expected value or return on investment. Strategy and upfront planning remain critical elements to ensuring that there are no execution gaps that could impede a transaction’s success. As such, we are seeing continued focus on extensive and specialized business and legal due diligence, and detailed antitrust and regulatory assessment around deal feasibility and timing issues.
Another significant trend is the return of the M&A megadeals as we saw them back in 2005-2007 periode. Especially for companies with more than one billion in annual revenue that are almost twice as likely to make a major M&A deal.
At the 3rd M&A Europe 2015 conference, taking place next spring in Munich, once again corporate M&A and strategy officers will analyse the most recent deals in the light of these trends, in order to excerpt the state-of-the-art strategy and dealmaking key lessons for the current economy.
The conference program is completed by a networking program, based on peer-to-peer appointments scheduled ahead of the conference and on the spot, through a "social networking" platform specially designed for this event.
~~Check the history of French M&A conferences at: