MARKET UPDATE
114 M&A transactions closed last month, 30.6% lower than the average monthly transaction count over the last ten years. As of July 31st, M&A activity year-to-date is down 18.7% versus 2022. Cash on corporate balance sheets in North America increased by 9.5% from last month to $2.1 trillion (USD). There was approximately $1.1 trillion (USD) of private equity dry powder, which represents approximately $2.2 trillion (USD) in latent acquisition capacity when debt funding is factored in. Global inflationary pressures continue to dampen investor sentiment. Global uncertainty has weakened valuations, driving M&A volume down.
VALITAS INSIGHTS
Is your business saleable? Because your business is unique, it requires an objective assessment of its saleability. Ignoring this step is dangerous because a failed sale process has heavy costs. Click the link below for insights on how to drive the value and saleability of your business by increasing its attractiveness to potential buyers.
