Dealmakers already looking to 2021 as M&A market disappears

Author: Jimmie Franklin | Published: 13 May 2020

Dealmakers have already begun to write this year off in terms of M&A, looking instead to 2021 for some sign of optimism.

Regardless of the successes there have been, challenging times mean that M&A activity will see a dramatic downturn in 2020. "2020 is a write off for M&A. The big question is instead with what will happen in 2021," said Jason Ader, chief executive of SpringOwl Asset Management. "There is still political uncertainty. How will the US elections play out? Will there be pent up demand? What about a vaccine? Nobody has a high degree of conviction. 2021 will be spectacular year compared to 2020, but it will still be volatile."

This year was already expected to be slow for M&A globally – with deal making in 2019 at its slowest pace in six years.

However, in certain sectors some have been...