Monday, October 09, 2006

Florida M&A demand to grow

September 20 - South Florida Business Journal - A founder and managing director at a Miami investment banking firm has predicted intensified merger and acquisition activity and increased middle-market globalization. Barry Steiner, of Miami-based Capitalink, L.C., said his predictions are fueled by increased borrowing capabilities, more international business activity due to a weakened U.S. dollar and the growth of emerging markets. Steiner, who made his points during a statewide phone conference, Tuesday, with members of the Florida Bar Association, also said low interest rates, increased lender competition and growing interest from private equity groups have created a sellers market among mid-size businesses. Read More.

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