The Real Deal

This special episode is part of a new series called “M&A Tales” where you’ll hear about the human side of M&A dealmaking. In this first installment, Mergermarket’s Spanish Bureau Chief Robert Cocke speaks with Marc H. Morgenstern, author of the book The Soul of the Deal (Simon & Schuster, 2022). Marc, a die-hard Grateful Dead fan, is the managing partner and founder of early-stage investor Blue Mesa Partners, as well as mentor-at-large for The House Fund at UC Berkeley and its portfolio companies. From following the Dead for much of his life to sharing a war story for a huge deal that had to be completed in just a few days, he shares inspiring music-driven people-centric ethos and knowledge about all facets of M&A dealmaking. “Great negotiators know how to compromise without feeling compromised,” he shares. “You learn both from what [people] say and you learn at least from at least what they don’t say.” Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the 2023 SS&C Intralinks Global M&A Dealmakers Sentiment Report here.

In this episode, we’re discussing M&A trends in Latin America with Ana Toral, a correspondent for Chile and Ecuador at Mergermarket. Ana tells us, “The rising cost of capital combined with recession fears, inflation woes and regional political uncertainty has led dealmakers to become more cautious and prioritize investments in companies that have sought to increase their profitability, a trend that is likely to remain in place in 2023 in Latin America.” Listen to learn more about: • Why private equity firms are postponing exit plans • Sectors in Latin America impacted by digital transformation • Brazil’s competitive advantage • M&A deal activity drawing investor attention in Chile and Mexico Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the 2023 SS&C Intralinks Global M&A Dealmakers Sentiment Report here.

In this episode of Dealcast, we're looking at equity capital markets (ECM) activity in Europe, the Middle East and Africa (EMEA) in 2022 and what 2023 holds for initial public offerings (IPOs). Joining us to shed more light on the topic is an expert on the topic, Samuel Kerr, senior ECM editor for EMEA at Mergermarket. “Despite a terrible year, [in 2022] we had two of the biggest deals [Porsche and DEWA] we’ve ever had in the region,” Samuel says. “For the right name, investors are still willing to commit. And that should give a little hope to the IPO market in 2023.” Listen to this episode to learn: • The reasons behind low ECM issuance in 2022 • Growth of the Abu Dhabi and Dubai stock exchanges • What it will take for deal volumes to increase in 2023 • Sectors and types of deals to keep an eye on this year • Upcoming European IPOs and corporate carve-outs to watch for Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the 2023 SS&C Intralinks Global M&A Dealmakers Sentiment Report here.

In this special episode, we’re joined by two guests who discuss noteworthy findings from the 2023 SS&C Intralinks Global Dealmakers Sentiment Report, a survey of 300 global corporate and private equity mergers and acquisitions (M&A) dealmakers. First, we speak with Julian Fraser, editor at ION Analytics, who worked on the report. Julian discusses the survey’s methodology and outlook for the next 12 months. He tells us, “Every type of dealmaker will have to navigate more fraught due diligence processes in 2023, particularly in relation to ESG scrutiny.” Next up is Matt Wells, vice president of global product marketing and strategy at SS&C Intralinks. Discussing the results of the survey, Matt says, “I think dealmakers are focused on what will be a more ‘normal’ year. The reason for optimism, in my opinion, is the fact that all economic and geopolitical issues are out on the table and out in the open. Dealmakers are more focused on how to live with them and navigate around them versus wondering when the next issue will arrive.” Listen to learn about: • Why dealmakers are largely optimistic despite global challenges • Why 64 percent of private equity surveyed expect to do a deal in 2023 • Key M&A drivers and challenges • Expectations for restructuring and distressed dealmaking • The importance of deal automation, synergies and digital transformation • ESG’s growing prominence and challenges in cross-border M&A due to standardization issues Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the 2023 SS&C Intralinks Global M&A Dealmakers Sentiment Report here.

Today, we’re looking at global mergers and acquisitions (M&A) dealmaking trends of 2022 and how 2023 will shape up in the next 12 months. Joining us is Lucinda Guthrie, the executive editor of M&A and ECM for ION Analytics. “We’re likely to see lower multiples,” Lucinda predicts. “Valuations are going to come down a bit, and I think a lot of people are going to be more cautious about what they’re buying.” Listen to learn about: • How 2022 dealmaking compared to the previous year • Regional M&A trends and standout deals in the past 12 months • The private equity (PE) deal environment • Overall expectations for M&A in 2023 • How PE firms will approach deals in 2023 • Trends to watch: ESG, different deal structures to match cash flows with valuations, more comprehensive due diligence and regulatory scrutiny Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the Q1 2023 SS&C Intralinks Deal Flow Predictor here.

In this episode, we discuss mergers and acquisition (M&A) in Asia Pacific (APAC) with Yiqing Wang, who is Mergermarket’s APAC managing editor for M&A and ECM. Listen to learn about: • Notable 2022 M&A trends in the region • China’s 39 percent decrease in dealmaking in 2022 • Expectations for APAC M&A deal activity in 2023 • Risks, challenges and opportunities for corporates and private equity for the region • Sectors and trends to look for in the next 12 months Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the Q1 2023 SS&C Intralinks Deal Flow Predictor here.

In this week’s episode, host Julie-Anna Needham is joined by SS&C Intralinks Co-Head Bob Petrocchi, who provides an exclusive preview of predicted global and regional M&A activity from the Q1 2023 SS&C Intralinks Deal Flow Predictor. Listen to learn about: Overview of 2022 dealmaking trends Global and regional M&A prediction for Q1 2023 Why Asia Pacific is a market to watch Europe’s resilience in the wake of headwinds North America deal trends to look for Latin America’s hurdles and opportunities Dealcast is presented by Mergermarket and SS&C Intralinks. Dealmakers, download the Q1 2023 SS&C Intralinks Deal Flow Predictor here.

In this episode, we’re joined by Kevin Ketcham and Kevin McCaffrey, columnists for DealReporter’s Morning Flash, who discuss mergers and acquisitions (M&A) activity in the U.S. in 2022 as well as what lies ahead for dealmaking in 2023. In this episode, you’ll learn: How M&A activity fared in the U.S. last year Private equity software sector M&A trends Expected pharma dealmaking activity in 2023 The potential impact of anti-trust sentiment in the new year Sectors to watch over the next 12 months Dealcast is presented by Mergermarket and SS&C Intralinks

In this episode, we discuss the election of Luiz Inácio Lula da Silva (a.k.a Lula) as president of Brazil for a third term and what effect it will have on mergers and acquisitions (M&A) activity in Latin America with Carlos Martinez, deputy editor for Mergermarket in Latin America. Listen to learn about: The current state of M&A dealmaking in Latin America How Lula’s administration could impact transactions in Brazil Why Renewables is a sector to watch in Brazil The potential impact of economic challenges on LATAM M&A Investor reaction to political headwinds in Peru, Colombia and Chile Bright spots for M&A in Latin America in 2023 Dealcast is presented by Mergermarket and SS&C Intralinks. Hello, dealmaker! Sign up for our monthly INsights newsletter here for must-read market analysis and thought leadership, delivered right to your inbox.

Today we’re joined by two guests from Clearwater International: Wesley Fell-Smith, TMT partner, discusses recent M&A deal activity in the TMT sector across Europe, and managing partner and head of private equity Marcus Archer provides insights into valuation trends in European private equity. Listen to learn about: What’s driving dealmaking in the TMT sector Sub-sectors within TMT offering the best opportunities for dealmaking Future of future tech valuations Which assets are commanding the highest multiples Why private equity funds are putting decision-making on hold until April 2023 Dealcast is presented by Mergermarket and SS&C Intralinks. Hello, dealmaker! Sign up for our monthly INsights newsletter here for must-read market analysis and thought leadership, delivered right to your inbox.