Although many expected a resurgence of M&A activity in 2H-13, activity has remained stubbornly slow. Investors and analysts are still blaming the 2012 tax rush and the higher risk thresholds for the lethargy.
To identify areas of greatest investor interest and deal flow, we analyzed seven of the primary industries on the Axial network, including: Industrials, Energy, Consumer, Health Care & Life Sciences, Manufacturing, TMT, and Business Services.
While activity has generally been slower, not all industries have been equally impacted. For example, despite the ongoing federal uncertainty and budget cuts, deal flow and investor interest in A&D remains quite strong. Investor interest in Health Care opportunities also continues to grow while interest in Life Sciences companies has slowed.