Q2 trends shows a downtick in confidence year-over-year. This could be due to any number of market headwinds, including high interest rates, tightened lending, and concerns over a soft recession ahead in 2024.
“Seller confidence is tracking close to 2012 levels, just when we were starting to emerge from Great Recession. Five years ago, confidence was at an all-time high. It just shows what we all know, the M&A market is cyclical,It will be interesting to watch how market sentiment reacts to interest rates in the year ahead.”Lisa Riley,
CEO & Founder of Delta Business Advisors LLC.