KPMG published today the results of its annual M&A Outlook.
Survey conducted with many of Ireland’s leading companies and M&A advisers
24 January, 2018: KPMG today published the results of its annual M&A Outlook with a strong response from many of Ireland’s leading M&A executives and advisers. An increase in deal volumes reflects current relatively positive sentiment about the Irish economy, however Brexit related risks remain on the agenda. Meanwhile 55% of respondents cite ‘avoidable reasons’ for deal failure.
Commenting on the findings, Mark Collins, Partner and Head of Transaction Services at KPMG Ireland said: “The current environment continues to be favourable for deal making. This is underpinned by more robust corporate profits, access to capital and lower stock market volatility, all of which contribute to enhanced confidence levels”.
David O’Kelly, Partner at KPMG Ireland added: “There is a discernible increase in M&A activity forecast for 2018 reflecting the strong performance of Irish companies in a growing economy. A high degree of uncertainty remains around Brexit, however concerns amongst executives have lessened somewhat. While debt funding continues to be the preferred source of capital there is a definite uplift in Private Equity.”