Of all the industrial trends that will come into focus on the heels of Covid-19, mergers and acquisitions (M&A) will surely be among the top.
The prioritization of M&A may already be underway. We know that despite some early reticence because of coronavirus uncertainty, industrial C-Suites still prize M&A activity as a main lever of growth, value creation, and competitive differentiation. The number of announced deals accelerated about 70 percent between the second and third quarters of 2020, with aggregate deal value leaping from $1.5 billion in the second quarter to more than $30 billion in the third quarter.
