Frank Aquila Speaks to MarketWatch on Companies Reassessing Their Strategies

August 14, 2020

S&C global head of M&A Frank Aquila was interviewed by MarketWatch on how the COVID-19 pandemic has forced companies to reassess their strategies. Many companies are accelerating the sale of non-core assets and shifting focus to higher growth areas.
“Crises … focus the mind in a way that is not always possible during a booming economy,” Frank said. “So whenever there is an economic downturn, the seemingly difficult decisions become easy because they become obvious. An economic downturn precipitates accelerated Darwinism. A business must adapt quickly to survive.”
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