Mixed signals outside of North
America as economic uncertainty and cautious optimism
permeate sentiment
WINDSOR,
Conn., July 18, 2024 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Q3 2024
global and regional predictions from the SS&C Intralinks
Deal Flow Predictor, a quarterly publication of future
mergers and acquisitions (M&A) announcements.
"In the first half of the year, M&A market conditions were
influenced by the anticipation of declining interest rates, ongoing
geopolitical developments and evolving fiscal policies in major
economies," said Bob Petrocchi,
Co-Head of SS&C Intralinks. "Now, we see signs of stabilization
as dealmakers adapt to new realities and seek growth opportunities
through strategic acquisitions. While we do not anticipate a
significant acceleration of deal flows, we remain optimistic about
M&A activity across the board in H2."
Regional market forecasts for Q3 2024
M&A activity:
- Globally, M&A volumes are expected to be flat
in all regions except North
America. We are forecasting a neutral outlook for global Q3
2024 volume.
- Asia Pacific faced the
most significant headwinds of any region in Q1 2024. However, the
markets ended the quarter on an upward trajectory. Australia, Hong
Kong and Japan all
performed well, suggesting sustained growth.
- Europe, the Middle
East and Africa experienced volume declines on
quarterly seasonality and early stressors, with only Italy, Austria, Germany and Saudi
Arabia seeing positive movement in Q1 2024. While we
anticipate the territory to rebound in H2 2024, we don't expect a
significant rise in activity.
- Latin America saw an
early and steady uplift in Q1 2024. Brazil, Chile, and Colombia all saw solid early-stage activity.
The region is seeing growing interest from foreign investors,
driven by the potential for high returns.
- North America's
pre-announced deal volume in Q1 2024 remained strong. Dealmakers
are seemingly comfortable with macroeconomic conditions and
confident of coming rate cuts, accelerating deal activity. The
trend is expected to continue throughout 2024.
The SS&C Intralinks Deal Flow
Predictor forecasts the number of future M&A
announcements by tracking early-stage M&A activity from the
previous four quarters, defined as new sell-side M&A
transactions that are in preparation or have begun their due
diligence stage. On average, early-stage deals are six months away
from public announcement.
SS&C Intralinks is a pioneer of the virtual data room,
delivering software-enabled services across the entire deal
lifecycle, including deal marketing, deal prep, due diligence,
insights and post-merger integration. Intralinks technology enables
and secures the flow of information by facilitating
M&A, capital raising and investor reporting.
SS&C Intralinks has executed more than USD 35
trillion worth of financial transactions on its platform.
About SS&C Technologies
SS&C is a global provider of services and software for the
financial services and healthcare industries. Founded in 1986,
SS&C is headquartered in Windsor,
Connecticut, and has offices around the world. Some 20,000
financial services and healthcare organizations, from the world's
largest companies to small and mid-market firms, rely on SS&C
for expertise, scale and technology.
Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
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SOURCE SS&C