Mike Hirschberg, Director at Northborne Partners, joined Joe Hellman, Partner at Redpath and Company, to reflect on 2023 M&A activity and discuss the current state of the marketplace for low to middle market organizations.
2023 finished the year as a tale of two time periods. The first part of the year provided a bit of market turmoil (including the failing of some major banks). Deal flow slowed and venture and private equity activity dried up, according to Hirschberg.
But the M&A market was resilient in spite of high interest rates, allowing industry experts to look to 2024 with some confidence. Many think that 2024 will be an active year, but how does our guest feel about the potential performance of 2024?
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