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India
Eastern Europe (not including Russia)
Brazil
Middle East/Africa
Australia/New Zealand
South America (not including Brazil)
North America (not including USA)
Asia (not including China or India)
China
Western Europe
United States
10 20 30 40 50 60 70 80
© 2016 KPMG LLP, a Delaware l imited l iabi l i t y par tnership and the U.S . member �rm of the KPMG net work of independent member �rms a�l iated with KPMG I nternat ional Cooperat ive ( “KPMG I nternat ional ” ) , a Swiss ent i t y. Al l r ights reser ved.
In which regions/countries will your company/fund primarily invest in 2017?
U . S . a f a v o r e d i n v e s t m e n t w i t h W e s t e r n E u r o p e f o l l o w i n g i n 2 n d p l a c e . . .
In your opinion which of the following industries do you think will be the most active overall in 2017?
Te c h a n d O i l & G a s - h i g h e s t l e v e l s o f M & A . . .
45%
Technology
28%
Oil & Gas
22%
Pharmaceutical/ Biotechnology
12%
Healthcare
11%
Media/Telecomm
N o t a l l d e a l s m a d e i t t o c o m p l e t i o n . . .If your company/fund started an acquisition process, but did not complete a deal in the last18 months, what is the primary reason the deal failed?
* Due to multiple responses or rounding, not all responses add to 100%.
83% 84%2 0 1 6 w a s a n a c t i v e y e a r f o r M & A . . .
6%
FinancialServices
Approximately how many acquisitions will your company/fund have completed or plan to have completed?
0
6
12
18
24
1 2 3 4 5 6 7 8 9 10or more
0Number of acquisitions
Perc
enta
ge o
f res
pond
ents
25%
17%
14%
40%
“The fundamentals for a strong deal market cont inue to persevere, wi th corporates holding record amounts of cash and interest rates remaining histor ical ly low. The C-sui te recognizes that acquis i t ions can enhance their current business models and plat forms and reduce the t ime to market,” said Dan Tiemann, KPMG’s U.S. lead for Deal Advisory and Strategy.
Valuation issues
Loss due to a competitivebidding situation
Financial issues revealed duringdue diligence
Operational issues revealedduring due diligence
Management issues or lack of fit
Recent regulator changes
Changing industry specificconditions
Changing macro economicconditions
10 20 30 40
36
22
11
11
9
4
4
3
of those surveyed completedat least one acquisition in 2016, and 65% completed multiple acquisitions
expect initiate a deal in 2017 and almost 75% of thosesurveyed plan on doing multiple deals
Limited organic growth options
Need to address the transformationin the marketplace/existing businessmodelsAvailability of credit on favorableterms
Large cash reserves/commitments
Shifting consumer demands
Improving equity markets
Opportunities in emerging markets
2%
1%
1%
Which factor do you think will most strongly drive deal activity in 2017??
D e a l s w i l l b e m o t i v a t e d b y o r g a n i c g r o w t h . . .
Previous Data 2017
kpmg 2 0 1 7 - A S O L I D M & A Y E A R P R E D I C T E D