As global M&A activity reaches unprecedented levels, now more than ever, CFOs need to be strategic leaders to navigate potential risks. In CFO, Lou Longo lays out how to facilitate the best deal — whether on the buy or sell side.
Global M&A deals surged to $2.82 trillion in the first 6 months of the year, according to Refinitiv, up 132% from 2020. That marks a 20% increase from the previous record high in 2007. From mega-deals to small acquisitions, M&A activity is on an unprecedented tear worldwide.
In this kind of environment, many acquiring companies are overpaying for what they get and skipping over crucial aspects of due diligence that will come back to haunt them.