M&A Quarterly Update: 2023 First Quarter

M&A activity declined in the first quarter of 2023 as high inflation, additional interest rate increases, and concerns over a potential recession contributed to significant uncertainty in the market. In addition, multiple bank failures put pressure on the financial services sector, prompting banks to shift their focus internally to ensure stability. As lenders hesitate to provide capital, the broader M&A market could face an additional slowdown over the coming months as potential buyers struggle to find sufficient acquisition financing.

MA Quartlery Update 2023 Q1-1