The US M&A market had strong momentum during the second half of 2013 and is expected to continue the pace well into 2014, according to PwC US. A growing business confidence and the search for growth opportunities are driving dealmaking, according to PwC’s year-end M&A outlook, released today. “The improved macroeconomic environment and solid fundamentals for deal making in the U.S. that have been in place over the past two years have increased the level of business confidence in the market, fostering continued M&A activity in 2013,” said Martyn Curragh, PwC’s U.S. Deals leader.
There has been 9,280 transactions representing USD 944 billion in disclosed deal value. International dealmaking is expected to increase next year. Private equity players accounted for 17 percent of total deal value as of November, representing USD 163 billion worth of disclosed transactions. They are benefitting from debt markets to recapitalize their companies and create liquidity for their investors while building strong long-term businesses, which includes making acquisitions.