IMAP closed 73 M&A deals worth more than $2.6bn in H1 2020. 39% of the deals were cross-border. Deals were closed across 13 different sectors, with Technology and Business Services the most represented.
Jurgis V. Oniunas, IMAP Chairman, said
Following a busy and active Q1, as expected there was a significant drop-off in global M&A activity in Q2. That being said, even with the general market decline, IMAP partners completed several important transactions in key sectors. Though even larger declines are expected in a volatile Q3, there are signs of promise and opportunities to close deals even with constraints on due diligence and overall de-risking.
IMAP will continue to leverage its years of experience and trusted global connections to help its clients, finding opportunities in the wake of big challenges and supporting them through the uncertain times ahead.