M&A Webinar: 2021 Review
Over five hundred registrants tuned in last week for our “Lead Left Presents” 2022 M&A Outlook webinar. Our four panelists crammed in a ton of great content into 60 minutes. Here are a few highlights.
Last year was an “acceleration” of what we saw in 4Q 2020. Not just in sheer volume, but across a variety of sectors. Some slowdown in new deal launches occurred at the end of 2021, thanks to record deal closings.
The Fed’s massive injection of capital boosted equities and “brought courage” to private capital investors. Cash on corporate balance sheets and PE dry powder fueled M&A growth. A supply/demand imbalance of capital outweighing investment opportunities is expected to continue…
▶︎ Read Jan 17 2022 newsletter: here
▶︎ Chart of the Week: here (by The Daily Shot, The Economist, Census Bureau)
(Any “forward-looking” information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.)
Latest news
PE fund distribution rates
Following 2021, buyout distribution rates have fallen to roughly 10% to 15% below the 25-year average.
Sub line pricing flattens
A report on the topic also finds that investors are less concerned by leverage in NAV loans. Pricing for subscription…