Displaying items tagged: Dykema Gossett PLLC

Business executives and M&A professionals in a recent survey offered cautious optimism for the market next year, despite rising interest rates and elevated expectations for a U.S. recession.

A recovering U.S. economy and readily available capital to finance deals are expected to drive M&A activity even higher in 2022.

Experts view the mergers and acquisitions market and U.S. economy with slightly more optimism than six months ago, although the prospect of corporate and other federal tax increases has them concerned about the resulting effects on deal flow.

GRAND RAPIDS — Six West Michigan corporations earned top scores in this year’s Corporate Equality Index rankings recently published by the Human Rights Campaign, showcasing the companies as among the best places to work for LGBTQ equality.

M&A deal flow that was dampened during the pandemic could soar in 2021, according to an annual outlook of executives and M&A professionals.

The M&A market that slowed in the first half of 2020 with the onset of the COVID-19 pandemic should rebound well over the next 12 months as deals that got put on hold go forward, according to a midyear survey by law firm Dykema Gossett PLLC.

Michigan officials are still months away from finalizing rules on internet gaming and sports betting, but some Michigan-based Native American tribes are taking early steps to participate in the newly legalized industry. 

Trade tariffs and the direction of the economy, coupled with concerns about the 2020 U.S. presidential election, weighed down expectations for mergers and acquisitions next year.

Even if the U.S. Senate were to pass a bill to make it easier for banks and credit unions to serve the emerging cannabis industry, questions remain over just how many financial institutions will act quickly on the opportunity.

Professionals expect a vibrant M&A market and strong deal flow this year amid easing U.S. economic growth and rising interest rates.

An already strong M&A market could get even more competitive in 2019, driven by a good U.S. economy and plenty of available capital.