'

KPMG's M&A Outlook for 2016

Понравилась презентация – покажи это...





Слайд 0

M&A Outlook survey 2016 U.S. executives on M&A: full speed ahead in 2016


Слайд 1

“U.S. companies continue their quest for growth, they continue to be faced with a buy versus build strategy. Many companies are choosing to include M&A as an integral part of their strategy. We believe the M&A activity will be most significant in those industries where the market disruption is the most significant. ” - Dan Tiemann, U.S. Group Leader Deal Advisory and Strategy


Слайд 2

Multiple deals, < $500 mil ion Multiple deals 91% of M&A executives indicate they intend to initiate 1 or more deals in 2016 < $500 million 68% say their deals will be valued at less than $500 million © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 3


Слайд 3

“The U.S. continues to be the favored M&A destination because of its relatively healthy economy. However, other higher-growth destinations will always attract corporate and ” . private equity capital. - Phil Isom, Global Head of Corporate Finance


Слайд 4

U.S. stil the main region for deals 76% Anticipate the U.S. to be the most active M&A market in 2016 © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 5


Слайд 5

Technology and healthcare leading the deal market M&A executive believe tech and pharma/biotech will be most active in the coming year 70% 60% © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 6


Слайд 6

Desire to expand main driver of deals Top three reasons companies plan to fund 2016 acquisitions: Enter new line of business Expand geographic reach Expand customer base © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 7


Слайд 7

“Instead of starting with the price. First, is it strategic? Second, can I integrate it culturally? And third, does it make sense financially?” - Dan Tiemann, U.S. Group Leader Deal Advisory and Strategy


Слайд 8

Integration is the answer M&A executives indicate a well-executed integration plan is the most important factor for deal success 11% Well-executed integration plan 39% 18% The correct valuation/deal price Effective due diligence, including real-time data & analytics Positive economic conditions 31% © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 9


Слайд 9

Plan for success For acquisitions to deliver value companies need to focus on the following: View targets in real-world context and get the valuation right Optimized due diligence and early tax planning are key to execution Well-executed integration plans are critical to unlocking full deal value © 2016 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 10


Слайд 10

Survey methodology KPMG LLP in partnership with FORTUNE Knowledge Group, fielded an online , survey in October 2015 to measure the attitudes of U.S.-based executives toward the current market for M&A and its future prospects. All the companies surveyed are either planning a merger, acquisition, or divestiture in the next 12 months or have completed one in the past three years. The survey was answered by 553 people including chief executive officers, chief financial officers, and managing directors. They work for a range of organizations involved in M&A, including corporations, consulting firms and investment banks, and accounting firms and private equity firms. The market capitalization of 46 percent of the companies is $500 million and above. They invest in, and advise on, a wide range of industries, from consumer markets and financial services to pharmaceuticals and technology.


Слайд 11

Contacts Dan Tiemann U.S. Group Leader, Deal Advisory and Strategy Tel: 312-665-3599 E-mail: dantiemann@kpmg.com Phil Cioffi U.S. National Leader, M&A Tax Tel: 212-872-2160 E-mail: pcioffi@kpmg.com Philip Isom Global Head of Corporate Finance Tel: 312-665-1911 E-mail: pisom@kpmg.com Gavin Geminder U.S. National Leader, Private Equity Tel: 415-963-7177 E-mail: ghgeminder@kpmg.com Alex Miller U.S. Service Leader, Strategy Tel: 312-665-1325 E-mail: amiller@kpmg.com


Слайд 12

Download the report at kpmgsurvey-ma.com.com


Слайд 13


×

HTML:





Ссылка: