While pandemic hit the world in 2020, many deals were pulled, delayed or put on hold indefinitely as the focus was to keep the businesses as usual going. Companies also struggled to shore up their own positions, gauge the market for valuation purposes or figure out innovative ways of conducting due diligence, management meetings and negotiations.
However, deal activity bounced back towards the end of previous year and in fact recorded the second highest M&A deal value in the last 5 years. The year 2021 also begun by carrying over a momentum from a flurry of deals in the latter half of 2020 and stands poised to accelerate.
According to VCCEdge, the year 2020 recorded 693 deals worth $46.22 bn., second highest deal value in the last 5 years. The M&A deal value was majorly driven by Reliance’s Jio Platform and retail ventures. The number of deals in Q1 2021 were at par with Q4 2020 deals.
To discuss the emerging opportunities and challenges, learnings from past moves that worked as well as those that didn’t, Mosaic Digital, the corporate banner behind VCCircle.com, is organising its next edition of Mergers & Acquisitions Summit on June 30, 2021 on a virtual platform.