M&A activities continue their positive climb

Peter Riddell, a Partner and the Montréal co-chair of business law, shared with Lexpert his observations on dealmaking in 2023 and what to expect in M&A activity this year. While 2023 posed some economic challenges, “there was still a very strong appetite for quality and strategic assets across a broad range of industry sectors….as certain buyers are getting more and more comfortable pursuing strategic deals,” said Peter Riddell. 2023 saw heightened activity with private equity money deployed and key carve-out transactions with large companies disposing of non-core assets to focus on their core business. Looking ahead, Peter sees a positive trajectory for dealmaking: “As the economic reality stabilizes, I expect that we will get back to 2021-2022 levels of activity quickly.” Read the article for more of his insights.