It has been no surprise that private equity sponsors and other would-be participants in the M&A markets have been hesitant to make new investments over the last few months, in many cases abandoning transactions that had been in process prior to the onset of the COVID-19 pandemic.
This situation could be the new normal, at least for the time being. A survey conducted by the M&A Leadership Council and M&A Partners found that 51% of the responding executives anticipate temporarily pausing current deal activity until the timing and nature of economic recovery is evident through late 2020.