April 19, 2021
Middle-Market M&A Activity is Strong;
Valuations are High
After declining significantly during Q2/Q3'20, merger & acquisition activity for middle-market companies has returned in force. Valuations have rebounded from the lows during Q2-Q3'20 and are now near the highest levels seen in the past 10 years.
Bottom Line: Macro factors (interest rates, inflation, general economic health) and capital market factors are all supportive of continuing M&A. Valuations are high. If you are a business owner, now is a good time to consider exit options.
See the Wilcox Investment Bankers' Middle-Market M&A Survey (April 2021) below, which documents middle-market merger and acquisition activity and valuation data through Q1'2021.
Bottom Line: Macro factors (interest rates, inflation, general economic health) and capital market factors are all supportive of continuing M&A. Valuations are high. If you are a business owner, now is a good time to consider exit options.
See the Wilcox Investment Bankers' Middle-Market M&A Survey (April 2021) below, which documents middle-market merger and acquisition activity and valuation data through Q1'2021.