The KPMG M&A Predictor showed that New Zealand was really storming ahead of the rest of the world. Six months later, we’re pleased to report we’re still ahead of the game.
Companies are making proactive, growth-based decisions – seeking opportunities for enhanced earnings and performance.
One recent example is the sale of Torpedo7 to The Warehouse. It was part of The Warehouse’s growth strategy to acquire a business that would give them a fresh new platform and accelerate their move into online retail.
Sellers, this latest M&A Predictor indicates there are currently a healthy number of buyers in the market, showing both capacity and appetite.
Buyers looking to grow by acquisition are going to have a decent amount of competition. Based on the latest forward multiples, the price you’re likely to pay is on the rise.
Business confidence up significantly
© 2017 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.