According to a forecast by the transaction services group at PricewaterhouseCoopers, M&A activity remains at a six year high, buoyed by record cash levels at corporations and private equity firms, plentiful financing and historically low levels of troubled commercial debt. And they say it looks to continue booming through 2006.
The following industries are well positioned for M&A activity during the balance of 2006, according to partner Bob Filek and Greg Peterson, Americas leader of the TS private equity practice:
Energy- oil and gas prices make a lot of initiatives economically feasible for both corporate and private equity acquirers.
Manufacturing- they'll be under more pressure to realign capacity, move even more production offshore, and consolidate market share.
Other active industries include utilities and retail. The forecast also emphasizes how digital convergence is driving technology deals.
—
Baz Hiralal
Join Corporate Dealmaker's LinkedIn forum