The mergers and acquisition environment is good or excellent, according to 90% of dealmakers — that's up from 85% last year, according to the Association for Corporate Growth/Thomson DealMakers Survey results released Tuesday.
Global mergers and acquisitions totaled $1.613 trillion as of June 13, up 41% from the same period last year, when there were $1.143 trillion deals. Close to half of respondents, 49%, stated they expect to be involved in an international deal in the second half of 2006 and 43% indicated that international deals are becoming more important to their firms. Most stated that they expect the deals to be in Western Europe, 46%; China, 37%; and Canada, 31%.
Some 33% of private equity executives stated most of their deals will be in middle-market buyouts, 27% indicated small buyouts, 18% early stage venture capital and 11% later stage venture capital. Forty-four percent of respondents expect potential investments to be in the United States, while 18% indicated China, 9% India and 7% Western Europe.
The survey, conducted in May, was of 1,201 ACG members and Thomson Financial customers, with the majority in the United States.