We Are at Beginning of Multi-Year M&A Cycle: Schlosstein

Watch We Are at Beginning of Multi-Year M&A Cycle: Schlosstein - Bloomberg on Dailymotion

Transcript

00:00I'm pretty confident that this year will be a better year for M&A than last year and 26 will

00:05be a better year than 25. So this is a good time to add world class talent. Can you quantify what

00:13your base case is for global M&A for 2025 and then 2026? Well this year the interesting thing

00:18is that the dollar volume of activity is up about 20-25 percent maybe almost 30 percent at this

00:24point with the announcements this morning. The number of transactions is actually down. So what's

00:31happening is that larger transactions are back on the front burner. I would expect that next year

00:40would be another strong year better than this year and if you look back over you know since 1980

00:47the dollar volume of M&A it's a secular growth business. It grows with global market cap which

00:56makes sense but it's a cyclical business and it tends to be two to three down years and five to eight

01:03up years. So we had 22, 23, 24 were kind of down to flattish and so I think we're really at the

01:11beginning of a multi-year positive cycle in M&A.