As businesses around the world continue to adapt to new day-to-day realities and challenges brought about by the COVID-19 pandemic, priorities necessarily shift to near-term concerns. Nevertheless, times of significant disruption also give rise to new opportunities for both strategic buyers and financial sponsors.
Whether in the form of distressed M&A, defensive M&A, or strategic combinations – many industries are expected to see rapid, significant change in the weeks and months ahead. Evaluating M&A opportunities in the world that will exist as economies around the globe find a way forward calls for a fresh, comprehensive approach to thinking through every aspect of a transaction – and with this we could see some divergence from pre-COVID-19 market practice.
This is necessary not only to account for how the world has changed already, but also to anticipate and prepare for the uncertainties that lie ahead.
Click here to read our thoughts on some of the key issues to consider when negotiating M&A transactions in the COVID-19 era and how we expect the approaches taken by buyers and sellers to differ from those taken previously.