Survey Says: Mid-Market M&A Activity To Increase In Second Half

Fifty-six percent of mid-market private equity investors, bankers and lawyers expect deal-making to improve in the second half of 2009, according to survey results being released tomorrow by the Association for Corporate Growth (ACG) and Thomson Reuters (publisher of peHUB). Thirty-four percent of respondants said that they expect deal-making to remain at current levels, while the remaning 10% said that things would get even slower.

Thirty-three percent of respondants blamed the “credit crunch” for current deal woes, although that was down from 43% last December. Rising from 22% to 27% was seller expecations, while “weak economy” edged up from 16% to 17 percent.

Overall, 88% of respondants said that the current M&A environment is fair or poor, which was the most negative view expressed in the bi-annual survey’s five-year history. Get full results below:

Mid Year 2009 Survey Slide Show