Deal Drivers: Americas 2024 Outlook
Has the M&A medicine taken effect?
After a period of convalescence with the bitter taste of high interest rates, the Americas may be looking forward to a year of healthier dealmaking. A backlog of private equity exits, largely caused by costly borrowing, has dampened deal activity – but a hoped-for cut in rates by the Federal Reserve may put the spring back into the market.
TMT remains the biggest market driver, with AI technology drawing big investment – while major divestments in the pharma sector are another epicenter of activity. The Northeastern US is shaping up to be the M&A hotspot, while the Americas dark horse of 2024 could be Argentina – making a bid for economic transformation under its president-elect Javier Milei.
Explore these and other predicted trends for 2024 in Deal Drivers: Americas 2024 Outlook.