Business
21:06 18 December 2024
Post by: WBJ

Survey: for 56% of companies, mergers and acquisitions a path to development

Survey: for 56% of companies, mergers and acquisitions a path to development
Source: Pexels

A recent EY survey revealed that 56% of companies engage in mergers and acquisitions (M&A) to accelerate growth, while 73% view acquisitions as part of their long-term strategy. Other key drivers include increasing market share (40%), scaling operations and revenue (38%), acquiring customer portfolios (36%), and gaining new technologies (33%). For 5%, entering hard-to-access foreign markets was the motivation.

Companies selling their businesses often cited strategic realignment (30%), funding new goals (26%), or finding sale more profitable than continuing operations (23%). Additionally, 22% sold as part of an exit strategy, while 20% were motivated by attractive offers.

The study, conducted with 388 business leaders in mid-2023, showed positive perceptions of M&A, with 98% of buyers and 90% of sellers expressing satisfaction.

(wnp.pl)


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