Mergers and acquisitions, after starting off the year at a bricks pace, ended up slowing significantly for the second half of the year.
According to just released numbers from Dealogic the total dollar value of corporate mergers and acquisitions for 2011 has reached $2.7 trillion, about even with 2010’s $2.74 trillion in closed m&A activity.
Considering 2010 was viewed as a road to recovery from the doldrums of 2009, coming up short in 2011 is problematic.
What happened? Europe is to blame. The continuous uncertainty within the Eurozone has many investors taking a wait and see approach in the hopes of gaining some clarity.
However, in the face of a pending tax squeeze coming to US business owners in 2013, we anticipate 2012 to be a more robust year as those giving thought to exiting pull the trigger.
To learn more about upcoming tax changes please do not hesitate to contact us.