Details

  • Service: Tax, Mergers & Acquisitions, Advisory, Transactions & Restructuring
  • Type: White paper
  • Date: 2/28/2012

Executives Show Guarded Optimism about M&A in the year Ahead 

KPMG LLP and Knowledge@Wharton, the research and analysis arm of The Wharton School of the University of Pennsylvania have teamed to conduct the 2012 M&A Outlook Survey. This year’s results are based on 825 executives’ insights and opinions about where the deal market is headed in 2012.
Merger and acquisition activity should hold steady or increase in 2012, due to low interest rates and record levels of cash on hand held at corporations, according to a survey conducted by KPMG LLP (KPMG) and Knowledge@Wharton. In addition, sellers seem more willing to negotiate. However, some economic concerns continue to hamper deal-making. The U.S. jobs market, while improving, is still sluggish and the uncertainty in Europe has created a nervous global economic environment, while the U.S. presidential election adds additional uncertainty. In order to gain a better understanding of the current mergers and acquisitions (M&A) marketplace and where it's headed, KPMG and Knowledge@Wharton conducted a survey of 825 decision-makers at U.S. corporations, private equity (PE) firms and investment funds.