Austria’s M&A Market Post-COVID-19: What Can We Expect? [Video]
As the COVID-19 pandemic continues to shake the world, dealmakers continue to rise to the challenge and adapt to new market conditions. Their resilience has required tremendous determination and creativity to move M&A deals ahead. Austrian M&A lawyer Christian Ritschka shares how he sees the M&A market moving forward.
24 March 2021
With the worst hopefully soon in the rear-view mirror, Austria is among many countries around the world attempting to slowly and safely reopen and return to normal. The COVID-19 health crisis impacted Austria’s economy with a 6.6 percent contraction in 2020 and disrupted the mergers and acquisitions (M&A) environment. Right now, M&A dealmakers are developing tactics to manage corporate goals to ensure continuity in an environment of uncertainty.
To learn more about the trends and opportunities in the Austrian market, I spoke with Christian Ritschka, partner at DORDA Attorneys at Law, specializing in M&A and restructuring.
During our insightful discussion, Christian candidly shares his position and expectations for the Austrian M&A market in 2021.
When I asked how companies can use dealmaking to accelerate strategic shifts after the COVID-19 crisis, he shares that he frames conversations with clients in a particular way. “M&A was, is and will [always] be among us,” says Christian. “With the situation at hand, it is super important to think ahead and to realize, okay, I may run out of cash in six months and [would] rather talk to an investor now than in five months.”
Watch our 15-minute conversation below to learn Christian’s views on current deal dynamics in Austria.
Roland Petrenkó is an account executive responsible for Austrian clients and Swiss corporates. Prior to joining SS&C Intralinks, he worked for Clairfield International, Raiffeisen Bank International, Erste Group Bank and UniCredit. During his investment banking career, he gained transaction experience in multiple industries, focusing primarily on TMT & Consumer Goods. Roland holds a Bachelor’s degree in Business Consultancy and a Master’s degree in Banking and Finance.