Melissa Sawyer Comments on 2022 M&A Activity and 2023 Outlook in Bloomberg

December 22, 2022

Melissa Sawyer, Global Head of S&C’s Mergers & Acquisitions Group and Co-head of the Firm’s Corporate Governance Practice, commented in two Bloomberg articles about the M&A market in 2022 and the 2023 outlook.
While discussing 2022 dealmaking trends, Melissa noted M&A activity started out stronger in the beginning of the year before shifting in the latter half. "It's really the tale of two years," said Melissa. "When we started 2022, people were churning out deals left and right and SPACs were still a thing. Then the landscape for M&A changed dramatically."
Melissa also shared her predictions for 2023, "I think the first quarter is going to be slow, with the exception of healthcare and life sciences, but things will probably pick up after that. People should watch the CEO market. We've been seeing a lot of CEO turnover and there are a number of companies that need succession plans as CEOs get closer to retirement. We could see that generating M&A," she said.
Read the articles:
Dealmaking Slips by Almost a Third in 2022 Marked by Volatility, Inflation.”
A Return to $5 Trillion? Dealmakers’ Predictions for 2023.”