Wednesday, September 05, 2007

ACG/Grant Thornton: U.S. Middle Market Corporate Executives and M&A Professionals Target More Cross-Border Deals

Dealmakers Search for Geographic Diversification, Access to New Markets, and Greater Efficiencies

69% Bullish About Cross-Border M&A 92% Say Deals Met Objectives; 58% Say Took Longer than Expected

September 4 - ACG - U.S. mid-market corporate executives and merger professionals are looking to aggressively target cross-border acquisitions in the next 12 months, according to a survey of more than 200 U.S. active representatives of middle-market companies, investment banks, private equity firms, law firms, accountants and consultants by ACG (Association for Corporate Growth), Grant Thornton LLP, and Eureka Private Equity.

The survey found that nearly three-quarters (72%) of respondents have been involved in cross-border M&A, and, almost as many, 70% anticipate doing at least one cross-border deal in the next 12 months. Most are bullish on the current environment for cross-border M&A, with 69% saying the current environment is good, and 31% calling it fair. Read More.

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