Austria’s M&A Market Post-COVID-19: What Can We Expect? [Video]24 March 2021
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.
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 a senior account executive responsible for Austrian, German and Swiss clients. 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 and Consumer Goods.
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