McKnight's October 29, 2020
Amid reports that senior housing deals hit a new low in the third quarter, most senior executives are optimistic about a pick-up in merger and acquisition activity over the next year. That’s according to a survey by national law firm Dykema of 225 executives and M&A advisers from the healthcare, retail and technology sector, among others.
Findings showed that 71% of respondents expect the M&A market to strengthen over the next 12 months, up from 33% in 2019. In addition, 87% believe M&A activity will increase in the same time frame. The rise in optimism reflects market conditions and a belief from respondents that the worst is behind them, with both financial and strategic buyers seeing opportunity in a hobbled...