Reply To: Impact of downturns on M&A deals


Thomas Teltscher

I don’t have relevant statistics for the last year yet, but M&A seems to be quite cyclical in my industry, i.e. more M&A during periods of growth. I have often wondered by barely anybody acquires anti-cyclically as the acquisition price tends to be much lower, whereas I have seen numerous examples of acquisitions being far over-paid during robust economic times because everybody wants to be buying during these times.

Loading.. Please wait