Private equity (PE) deal volumes might have dipped in the past two years, but dealmakers remain optimistic for growth in 2024, especially during the latter half of the year. In preparation, they continue to maintain strong staffing in mergers and acquisitions (M&A) practices, demonstrating resilience and commitment irrespective of deal volume fluctuations in specific quarters.
This optimism for 2024 is rooted in expectations of an inventive alignment of dealmaking opportunities. PE attorneys predict a surge in creative agreements such as carve-outs, minority-stake transactions, and even certain debt covenant arrangements may occur in response to a build-up of demand.
Crafty dealmaking is being seen by M&A and private equity legal professionals as a key driver to meet this pent-up demand, which may manifest in an upswing in deal numbers.
For additional reading, you can delve deeper into this anticipation of a PE sector resurgence over at the American Lawyer’s detailed coverage.