IMAP closed an all time high 294 M&A transactions valued at over $27 billion in 2021. The figure marked a significant jump up from the 212 transactions closed in 2020 and far surpassed the previous IMAP annual record of 230 transactions closed in 2019. A unique combination of low interest rates, aggressive investors flush with cash, pent-up buyer demand and high company valuations outweighed market disruptions caused by the pandemic. The pace of transaction activity intensified as the year progressed and 97 transactions were closed in Q4 alone, making it IMAP’s strongest quarter ever.
Jurgis V. Oniunas, IMAP Chairman, commented:
“2021 was a spectacular year for M&A activity and once again, IMAP’s global team of advisors performed at the highest level. The record amount of deal activity is even more impressive considering the backdrop of a slowdown in China and persistent pandemic related challenges, including supply chain disruptions, staff shortages, and commodity and transportation inflation. Looking forward to the coming year, we already see an easing of energy and other commodity prices, whereas GDP growth across most of the world should continue higher, at least through the first quarter. Meanwhile, the trends driving mid-cap M&A in developed markets are firmly in place – an aging owner base, digital transformation, sector convergence – and look to continue for the foreseeable future.”
Khell-Food is the largest producer of ready-made sandwiches and baguettes in the Hungarian market
IMAP partners are now operating in a market that is transitioning away from a phase of cheap financing, pent-up demand and high valuations to one of surging inflation, rising interest rates, more selective investor appetite, and widespread domino effects from the war in Ukraine.
HC electronics is an EMS business that manufactures a large mix of small to mid-size production series
