In a recent article in PE Hub titled “Most PE investors will focus on acquisitions in the next six months”, M&A technology reporter Milana Vinn summarized the key findings from DealCloud’s Fall 2020 Dealmaker Pulse Survey report. DealCloud’s Dealmaker Pulse Survey polled dealmakers to gain key insights into how capital markets firms are dealing with the effects of the global pandemic and thinking about opportunities for the fourth quarter, next year and beyond.
About 70% of PE respondents said in the survey that new platform M&A will be in focus in 2021, with just 15% prioritizing working with their portfolio to improve operations. In the article, Chris Gaffney, co-founder and managing partner of Great Hill Partners, a growth-oriented private equity firm, and DealCloud client, shared the following insights:
“Clearly, investors are eager to deploy dry powder, but questions remain about who is able to close deals in this environment,” Gaffney said. “Many firms are finding ways to close deals even as business development teams remain grounded, suggesting that the relationship cultivation that has traditionally taken place face-to-face has become increasingly reliant on technology over the past six months.”
This was the second edition of the DealCloud Dealmaker Pulse Survey, and moving forward, it will be issued bi-annually.
To see the full results of the DealCloud Dealmaker Pulse Fall 2020 Survey, visit dealcloud.com/pulse.
Click here to download a recording of the Dealmaker Pulse: Key Findings for Capital Markets Firms to Take into 2021 webinar.