Deal activity has struggled so far in 2012 by various measures, with venture investing down, corporate venture deal making also down, and buyout deals, although up by dollar value in the first quarter, also lower in terms of number of transactions.
Investment bankers report a healthy pipeline of future deals getting ready to come to market, but as one of my panelists said at the PartnerConnect conference earlier this month in Boston, it is the job of investment bankers to sound confident on behalf of their clients.
So what do you think, dear reader? Was this a matter of deals getting pulled into the fourth quarter of 2012 as dealmakers rushed to beat the fiscal cliff and its attendant tax increases? Is there pent-up demand for M&A that will reassert itself? Or is there a persistent mismatch between what sellers demand for their companies and what buyers are willing to pay? Let us know what you think.
Steve Bills is a senior editor at Buyouts Magazine. Any opinions expressed here are entirely his own. Follow him on Twitter @Steve_Bills. Follow Buyouts tweets @Buyouts. For information on how to subscribe, contact Greg Winterton at email@example.com.
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