Frank Aquila Discusses Revived M&A Market on Bloomberg TVDecember 8, 2020
S&C's Global Head of M&A Frank Aquila spoke with Bloomberg TV about his outlook for the M&A market in 2021. Frank explained that increased deal activity over the summer and early fall resulted from deals that had been placed on hold earlier in the year and are now able to close due to more favorable economic conditions. Frank told Bloomberg he expects a positive outlook for the economy post-pandemic, explaining that a vibrant economy, bolstered by a high savings rate and heightened consumer demand, will lead to more consolidation in the marketplace in the year to come.
“I think what you're seeing is the beginning of a brand new M&A cycle,” Frank said.