What a difference a year makes. When we conducted our 2016 survey, respondents were still in shock following the UK’s vote to leave the European Union (EU) and the impending US presidential election was weighing on their minds. Most were very uncertain about the future prospects for Europe and its economies and had mostly placed their M&A plans on hold.
The mood among dealmakers is markedly different in 2017. While acknowledging some of the challenges they face, respondents are largely optimistic about dealmaking prospects for the coming year, with many suggesting they are ready to take advantage of opportunities stemming from dislocations that result from Brexit and from a return to economic growth in the eurozone.
Our survey provides key insights into how both corporate and private equity (PE) firms are adapting their M&A strategies to a new European landscape, and how they are looking beyond the continent to tap into new geographic, product and customer markets.
Key findings from our research include:
We hope you will find the European M&A Outlook report both interesting and complementary to our annual CMS European M&A Study, the next edition of which will be published in spring 2018. If you would like any additional hard copies of the M&A Outlook, or any further information about our services, please contact our Corporate/M&A team ([email protected]).