Senior M&A Partner Frank Aquila Talks Merger Activity with The Wall Street Journal

August 1, 2022

Senior M&A Partner Frank Aquila spoke with The Wall Street Journal about the merger activity slowdown in 2022, following a record-setting year in 2021. Frank explains that, in addition to inflation and the war in Ukraine, speculation about stricter government regulation is also contributing to market uncertainty. “Boards and CEOs think long and hard before committing to a significant acquisition that might be tied up in the regulatory approval process for 18 months,” Frank says.


Despite the slowdown, S&C led all law firm advisers in global M&A deals announced in the first half of 2022, advising on $356 billion in deals. “We continue to see clients looking to do significant, transformative transactions,” Frank told the Journal, “and [we] expect to see many such deals move forward between now and the end of the year.”