find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Mid-market M&A to rise 30 to 40%: Mergermarket

Mid-market M&A to rise 30 to 40%: Mergermarket

Arrow

Mergermarket has released its latest mid-market M&A report, predicting a rise in activity over the first-half of 2017.

Although mid-market M&A declined 17 per cent in 2016, the “flourish of activity in the last quarter” is expected to carry on into 2017, according to Mergermarket’s report Dealmakers: Mid-market M&A in Australia 2017.

“Deal volumes in the first-half of the year are expected to be up by 30 per cent to 40 per cent when compared to the same period in the previous year,” the report said.

Mergermarket created the report in collaboration with Pitcher Partners, analysing the state of mid-market M&A and the trends that will impact the space in 2017.

The data reflected Australia’s progression towards a service-based economy. The leisure sector contributed 17 per cent of the total mid-market deal volume in 2016, equal with the energy, mining and utilities sector, and up 2 per cent on 2015.

“This is an initial marker of the country’s progress in its shift towards a services-led economy,” the report said.

“More significantly, mid-market deals are driving activity in the sector, with mid-market volumes making up almost three quarters (70 per cent) of the sector’s 2016 M&A activity.”

Mergermarket noted that mid-market acquisitions can be an effective growth strategy for many companies in this environment.

“As Australia’s economy continues to transition, mid-market acquisitions enable buyers to achieve inorganic growth, where organic growth is slow to transpire,” it said.

“Australian corporates target mid-market businesses to add value, particularly those that have established a favourable track record without having grown too large to handle.”

Business services was another significant sector, contributing 12 per cent of mid-market M&A volume in 2016. Others included technology, media and telecommunications (10 per cent), consumer (10 per cent) and financial services (9 per cent).

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Mid-market M&A to rise 30 to 40%: Mergermarket
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Jetski
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
Consultation
Oct 23 2017
Lawyers slam rushed consultation for SA repeat offenders bill
The Law Society of South Australia has expressed concern for a proposal to roll out new laws amendin...
IBA
Oct 23 2017
The pursuit of happiness in the law
A panel of legal experts have explored how to define success in the legal profession, and how lawyer...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...