IMAP has published its Transaction and Pricing Survey for 2009. Highlights include:
The percentage of completed transactions that are cross-border deals is a measure of an advisory’s effectiveness as a global, collaborative organization. In 2009, 30 percent
of IMAP-completed transactions were cross-border, slightly above 2008’s 29 percent, and nearly 20 percent above 2007.
Industrials, followed by high technology, consumer products and services, consumer staples, healthcare, materials, energy and power, and financials, saw the most M&A activity within IMAP in 2009.
Transaction multiples ranged from a low of 2.9 x EBIT to a high of 11.0 x EBIT in the IMAP transaction survey of 2009.
Our advisors’ outlook for 2010 regarding buyer and seller interest is decidedly optimistic.
Nearly 80 percent of IMAP advisors anticipate more buyers and sellers in 2010 than in 2009;
none of the respondents foresees fewer buyers; and only one of our respondents expects to see fewer sellers.
