Bob Snape Provides Commentary in the Q2 Global Horizons Report
August 2016
North American mid-market M&A activity slowed during the first quarter of 2016, continuing the downward trends of 2015. Market participants are concerned that the M&A cycle peaked in mid-2014 and that the hypothesis that market weakness in 2015 was only temporary or a mild correction is not playing out.
- Mid-market deals fell 29% in Q1 2016 compared to Q1 2015 and decreased 28% from the prior quarter
- The dollar value of mid-market deals fell 5% in Q1 2016 compared to Q1 2015 and decreased 16% from the prior quarter
- Concerns over the global economy, equity market volatility, and the strong dollar negatively impacted activity
- Cross-border and inbound activity reduced significantly • The Energy, Oil, & Mining sectors were particularly weak – but all sectors down