Bill Curtin, Global Head of M&A at Hogan Lovells, is optimistic about the next 12 months for mergers and acquisitions and sees green shoots in the pipeline despite regulatory headwinds, financing challenges, and higher valuations due to rate increases. He noted that companies are looking to do deals and are adopting a more proactive "how can we do the deal" mentality. Curtin discussed the impact of AI and mobility on M&A and the importance of R&D investment to stay competitive. Regulatory scrutiny of M&A deals has increased, which he expects to continue, but companies are learning how to navigate the regulatory environment.
Sure, here are the key facts extracted from the text:
1. Bill Curtain is the Global Head of M&A at Hogan Lovells.
2. M&A volumes had a peak in 2020 and 2021, setting records in both volume and value.
3. There is optimism about M&A activity returning in the next 12 months.
4. Factors driving M&A include technology advancements, energy transition, and changing landscapes.
5. Regulatory scrutiny for M&A deals has increased, especially focusing on competitiveness and labor force impact.
6. Despite regulatory challenges, there is a sense of confidence in completing M&A deals.
7. Financing M&A deals has become more expensive due to higher interest rates.
8. Strong balance sheets and available cash are enabling companies to pursue M&A opportunities.
9. The M&A community has learned from the 2007-2008 financial crisis and is better prepared.
10. There is anticipation of increased M&A activity in the near future.
Please let me know if you need further information or specific details on any of these facts.