In a recent article, Taryn Phaneuf of the Minneapolis/ St. Paul Business Journal, analyzed the M&A activity in Minnesota during 2019. The article’s title “M&A Goes XS” should give you a good indication that while the number of deals remained consistent from 2018, the average deal size shrank. In the article, Phaneuf states, “Minnesota merger-and-acquisition activity shifted toward smaller deals in 2019, reflecting a change in the supply of businesses for sale, as well as a growing sense of caution among company leaders wondering how much longer the economic boom can last.1 ” Despite the shift towards smaller deals, several of the M&A professionals cited in the article still believe the M&A market is healthy heading into 2020, with interest rates remaining low and companies putting their excess cash towards growth initiatives.
Read the Full Article Here: https://www.bizjournals.com/twincities/news/2020/02/28/2019-m-a-report-who-shrunk-minnesotas-deals.html
