Mark Osborne breaks down why M&A deal activity slowed this year. Tariffs, interest rates, and capital availability are creating uncertainty. Many companies are fragile and both buyers and sellers are hesitant, though deals haven't stopped entirely.
Chapters
I would say that in the lower middle markets, middle markets, that M&A activity is— I would say last year was frothy. There was a bunch. And I would say that this year it's not come to a complete stop, but there are a lot of questions out there. And a lot of these companies are— I don't want to say fragile is probably an okay term to use. And so the questions around tariffs, I mean, there was— there were— what's that? You know, and that put a freeze. I mean, that was like, well, we don't know what to do. What are we getting? What interest rates? How are we— you know, what's happening with the interest rates? And so— and then you're seeing just trepidation maybe. And like, now's not the time, right? Capital's not flowing.