Meanwhile most advisors (76%) believe a recession is at least somewhat likely in the next 12 months, with 25% predicting it’s either “very likely” or “extremely likely.”
While these continue to be turbulent times, many fundamental drivers of dealmaking activity are still at play, Corporate balance sheets are strong, capital is plentiful, and interest rates are still comparatively low. We continue to have more buyers looking for transformative deals than we have available opportunities on the market.
Scott Bushkie, president of Cornerstone Business Services.