At the half-year stage, US dealflow was down sharply whilst China was least impacted. Megadeals declined although mid-market showed resiliency. Meanwhile, private equity's global M&A market share reached record level.
During the first half of 2019, Benelux M&A totalled €16.9bn, down 27.6% from the previous year. Deal count declined to 349 from 397. We review the 5 trends set to define the next 6 months of dealmaking in Benelux.
The recent fall in M&A activity was a central theme at this year Benelux M&A and Private Equity Forum. Industry experts assessed the outlook for deal flow and evaluated which sectors looked the most promising.
Competition between traditional banks and direct lenders has forced an evolution of the loan product in the Benelux. This discussion focuses on the dynamics of a competitive market environment and what it means for borrowers.