Randi Mason Quoted in Middle Market Growth on M&A Outlook in 2024

Partner Randi Mason was quoted in a Middle Market Growth article entitled “Middle-Market Dealmakers Prepare for a Rebound.” The article, which included data from Middle Market Growth’s 2024 Multiples Report, discussed how following a year and a half of paltry M&A activity, experts are hopeful that 2024 will see an increase in deal activity.

Although most sectors will garner more attention from dealmakers in 2024, Randi, who co-chairs Morrison Cohen’s Corporate Practice, noted that the outlook is less clear for businesses that were directly impacted by the pandemic-era lockdowns and supply chain issues. “In a lot of cases, many businesses that were really frothy 18 months ago are having a hard time now, and valuations are coming down,” she said. “It’s still hard to price those businesses because it’s hard to project how they are going to do in the long term in a post-COVID environment.” She added that fragmented industries, such as the medical and dental sectors, are particularly attractive to investors, who see the potential of consolidation and roll-ups.

Read the full article here.