Bass, Berry & Sims attorney Tatjana Paterno was one of the industry leaders that provided insight on the outlook for M&A and IPOs in 2019 for an article published by Mergermarket and Toppan Merrill. The leaders answered several questions about the market for transactions in the coming year and what will influence dealmaking in the year ahead.
- In your sector of focus, what do you expect to be the main drivers of M&A dealmaking over the year ahead? Is the current economic and business environment conducive to transaction activity in these sectors?
- Valuations have risen to historically high levels as the demand for targets exceeds supply. How are you seeing dealmakers react to this circumstance? Do you expect these levels to remain the same over the year ahead?
- Access to financing has been open and steady in recent years, but interest rates are finally rising, and credit markets slumped in November. What are your expectations for access to debt to finance deals in 2019?
- The pace of private equity buyouts, both in terms of number and value, has slowed in recent months, although 2018 figures are still set to match those of 2017. What do you think will be the main forces shaping the PE market in the year ahead?
The full article, “Taking stock: 2019 Outlook for M&A and IPOs,” was released by Acuris on January 18, 2019, and is available online.