Horizons Issue Q4 2023
Horizons Issue Q4 2023
In this edition of BDO M&A Horizons, we have our twice a year sector focus. Our M&A partners across the Globe analyse deal activity and trends in their sectors and look ahead at what we can expect for the foreseeable future. We zoom in Real Estate, Natural Resources, TMT, Supply Chain & Logistics.
Our lead article on Circular Economy may surprise some on the economic benefits of moving away from traditional production and economic models.
Our data shows that M&A activity is back to pre-COVID levels, but this is not aparticularly negative outcome, given the backdrop of inflation and fiscal policy. Private Equity are still significant buyers and in terms of valuations, multiples has adjusted slightly down depending on the sector, but not as much as capital markets trading multiples.
Our lead article on Circular Economy may surprise some on the economic benefits of moving away from traditional production and economic models.
Our data shows that M&A activity is back to pre-COVID levels, but this is not aparticularly negative outcome, given the backdrop of inflation and fiscal policy. Private Equity are still significant buyers and in terms of valuations, multiples has adjusted slightly down depending on the sector, but not as much as capital markets trading multiples.