Our Coronavirus update
We are at the coal face of a pandemic which is affecting everyone around the world, with health systems under immense strain, the devasting impact Covid-19 is having on national economies is virtually unprecedented.
In these extraordinary times, both the Logistics & Recruitment sectors are playing vital roles for society.
Many of our clients have worked exceptionally hard to ensure the safe supply of equipment and the required level of workers during these desperate times, the Partners at Connect Corporate Finance take this opportunity to commend their efforts in ensuring the public have the necessary supplies to weather the Covid-19 storm.
Through our weekly discussions with fellow advisors and intermediaries, we continue to support and inform our clients about the wider transactional environment. There’s little doubt in the number of deals that have been side lined or terminated since the outbreak, with buyers understandably cautious about investing during a period of such uncertainty.
Whilst we still have live mandates moving forward, we have also seen projects fall by the wayside, which is almost unavoidable during a crisis. We continue to stay in touch with acquisitive companies, for when the time is right to revisit opportunities, but in the short term, we are finding that C-suite executives are concentrating on steadying their own organisations whilst managing the new normal, before they begin to look at large investments again.
We will continue to update you as the situation evolves, please do not hesitate to reach out to us directly, if you require more specific information on the global M&A market.