Confidence Rises For Mergers and Acquisitions

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    Confidence to undertake mergers and acquisitions (M&A) is returning among Canadian companies, says KPMG’s ‘Global M&A Predictor.’ Not only do companies appear to have their appetite back for M&A, they also have the capacity to transact. Over the last two years, the capacity for deals has been steadily rising as companies have focused on reducing debt and building cash reserves. “We are seeing significant transaction appetite, with private equity having capital to deploy and corporate balance sheets having significant capacity to transact,” says Neil Blair, partner, KPMG Corporate Finance. “The outlook for 2013 is more positive than it has been for over two years – the winning combination of confidence, capital, and capacity bodes well for the health of the Canadian M&A market.”