DOTmed October 7, 2020
M&A activity remains strong despite the ongoing COVID-19 pandemic, with the average size of seller by annual revenue remaining at historically high levels, at just under $400 million in Q3.
In fact, researchers at Kaufman Hall say the pandemic may in fact be a catalyst for strategic partnerships and tactical transactions.
“While the pandemic has not changed the fundamental drivers of M&A activity, it has actually created new ways for deals to be executed,” Anu Singh, M&A practices leader and managing director at Kaufman Hall, told HCB News. “Some processes that required more careful or rigorous consideration of strategic rationale or that may have involved parties not as familiar with one another may require traditional in-person meetings, and are having...