We conclude our special series, “Five Biggest Private Capital Surprises of 2020,” with:
Surprise #5: The M&A Big Bang
Last July published a white paper on COVID-19 and M&A Activity. It was called “COVID-19 and M&A Activity”. Besides logistical challenges, there were worries about second and third infection waves. “We’re expecting a light second half,” one banker told us.
Ok, so that didn’t happen….
▶︎ Read Feb 8 2021 newsletter: here
▶︎ Chart of the Week: here (by Refinitiv LPC 1Q21 Middle Market Lender Outlook Survey)