Because of the extensive upfront strategy and financial due diligence needs and multi-year post-merger integration/divestiture opportunities, it's often been said that as goes the M&A market so goes consulting demand. If Schaffer Consulting's M&A practice leader Rick Heinick is correct, there's reason to think the current recovery will have legs. Consulting One on One recently sat down with Heinick to learn more about M&A consulting demand.
Consulting: Based on what you're seeing in the marketplace, how is M&A tracking?
Heinick: It's clear that access to capital has improved and mergers are on the increase. We're seeing a big surge in M&A activity in life sciences—pharmaceutical companies buying biotech companies, biotechs buying smaller biotechs and then selling to pharma companies. companies. There's a lot of activity across industries.
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