I recently returned from Mexico where I presented at an event that was co-sponsored and co-hosted by IntraLinks and mergermarket. The purpose of the event was to discuss the importance of Mexico as an emerging participant in the global economy and the maturing M&A and corporate finance activity with more than 100 bankers, lawyers, corporate development professionals, and executives.
During the event, Miguel Messmacher, Mexico’s Chief Economist and Secretary of Treasury and Public Credit, discussed the increase in M&A deals and IPOs among the nation’s companies, and that the increasing diversity across industries is a key factor behind the highest economic growth that Mexico has ever experienced. The IntraLinks Dealflow Indicator reinforces these comments, having found that Mexico’s M&A deal activity grew 35% in 2010 over 2009. As Messmacher discussed Mexico’s current economic situation and the important steps they are undertaking to become a more globalized nation, it was exciting to think that a platform like IntraLinks could help them transform their M&A activities and improve their global deal flow. By giving companies the ability to manage more deals, IntraLinks is ideally positioned to enable companies to further capitalize on positive, overall growth in global deal activity.
Business travel is always the same, more or less, anywhere in the world you go. Security checkpoints, flight delays, and lines at the ticket counter are all a predictable part of what you’re in for when you fly the friendly skies. The only thing that can make flying a bit unpredictable is the weather. I, for one, hate turbulence. I’m not a nervous flier, I just don’t like feeling bumps in the air at 33,000 feet.
The M&A market kind of reminds me of a plane that hit some turbulence (back in 2008 and early 2009), but since then and according to our latest quarterly Deal Flow Indicator the market has regained cruising altitude. Year-over-year results for deal activity are up a healthy 24% for Q1 2011 and 72% from the bottom of the market in Q1 2009. It appears that M&A activity levels have normalized.
Asia’s foothold in Europe, Turkey, is modernizing rapidly and due to its secular and Western nature, boasts a vigorous free-enterprise economy. Turkey is the 17th largest economy in the world and the 6th largest in Europe. Turkish M&A deal volumes increased by almost 33% in 2010 to 240 transactions and total deal value was up by an incredible 523% to $26 billion. 23% of all deals by volume and 59% by value were from the energy and power sector. This very sector has traditionally led deal flow in Turkey and comes as no surprise with the country being gifted in energy and mineral resources. I recently attended a seminar to discuss this topic and the future of its growth.
As the economy begins to recover, European mergers and acquisitions (M&A) enjoy a busy start to the year, fueling forecasts of a bounce back in deal volume terms. To find out what the leading M&A professionals expect to be the predominant deal making trends of 2011, I attended the first IntraLinks and mergermarket breakfast event in the new series entitled ‘Securing Growth in 2011: The Changing Face of M&A’.
Held at London’s Andaz Hotel, in the heart of the City, it attracted over 80 attendees, who were keen to learn more about the M&A trends for 2011. The discussion was chaired by Catherine Ford, Managing Editor - Remark, The Mergermarket Group and the panel consisted of Martin Ashcroft, Managing Director, Brunner Mond Group; James Stewart, Partner, ECI Partners LLP; Stephen Wilkinson, Partner, Corporate, Herbert Smith LLP and Philip Whitchelo, VP Product Marketing - M&A, IntraLinks.
Just
when you thought the Brazil M&A market couldn’t get any hotter—BAM! We recently released our end of year and Q4 2010 Brazil IntraLinks Deal Flow Indicator (DFI) Report. If you’ve been following the market, you won’t be surprised to learn that we reported a 35% increase in Brazil M&A deal activity in 2010 versus 2009. In just the last quarter of 2010 there was a 28% increase in deal activity in Brazil versus Q3 2010.