Transaction volume and multiples trends are not anticipated to vary dramatically in the next year. According to the EY Global Capital Confidence Barometer, 52% of respondents are planning to actively pursue M&A in the next twelve months and 68% of respondents expect improved M&A market as the prolonged deal upcycle continues. A recession in the near term is not considered a significant threat by respondents. A majority does not expect a severe downturn, and of the minority that do, say it is not likely until 2021 or 2022. Despite these concerns, the ability to transform operations expeditiously through a transaction vs. organic growth will continue to drive the deal market. Particularly in the middle market, well run companies with a diverse customer base and financial growth trends remain in high demand. Bolt-ons that complement the existing business and offer an expanded choice of products and services for existing and new customers continue to be on the radar for corporations as well as private equity led companies.
Ironline continues to assist our clients in the evaluation and implementation of a variety business transition alternatives including the monetization of their companies as well as growth strategies via acquisitions in the distribution, healthcare, manufacturing, energy, business services and industrial sectors.