Continuing high M&A levels in the SME space

bdo-ma

The attached slides from one of our recent M&A presentations highlights the reasons for the continuing high levels of M&A activity in the small & medium-size business space:

1. there is no shortage of capital available;
2. historically low cost of capital (both debt & equity);
3. lack of organic growth in the economy;
4. baby boomer demographics (and the lessening of internal family business succession).

In our view, these key indicators point to elevated levels of M&A activity in the near- to mid-term.