Merrill DataSite Releases New Comments: Major Uptick in International Acquisitions by US Firms, Report Finds
http://www.datasite.com — US companies are increasingly turning to international markets M&A deals, a new report from professional services company KPMG has found.
New York, US (PRWEB) October 25, 2013
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US companies are increasingly turning to international markets M&A deals, a new report from professional services company KPMG has found.
One hundred and sixteen US firms completed 116 emerging market acquisitions over the course of the first six months of this year, representing an increase from the 110 acquisitions over the last six months of 2012 according to the semi-annual KPMG study on mergers and acquisitions.
National leader of KPMG’s US High Growth Markets practice, Mark Barnes, told Forbes: “The United States was one of only a few developed economies to have an uptick in…deals, as overall…activity was at its lowest since 2009.” The most popular geographical targets for companies based in developed economies included South and East Asia, with 88 deals and China, with 69 deals: “US companies are exhibiting higher levels of confidence domestically and we’re starting to see this translate into increased acquisition activity in emerging markets.”
In stark contrast to the red hot level of activity from US firms, emerging markets remained far more cautious about initiating M&A activity across global markets, as a result of their weaker economic baselines. The overall volume of deals plunged by 26 per cent from 228 acquisitions during the last six months of 2012 to 169 in the first half of 2013.
The fall in the number of transactions carried out by emerging markets highlights the sheer volume of activity taking place by US companies across the world stage. Phil Isom, head of KPMG Corporate Finance LLC, told Forbes: “In terms of the uptick in developed-to-high-growth market deals, US market conditions, highlighted by relatively easy access to capital, elevated cash levels on corporate balance sheets, and low interest rates, have resulted in an increased capacity for U.S. companies to do deals.”
About Merrill DataSite
Merrill DataSite is a secure virtual data room (VDR) solution that optimises the due diligence process by providing a highly efficient and secure method for sharing key business information between multiple parties. Merrill DataSite provides unlimited access for users worldwide, as well as real-time activity reports, site-wide search at the document level, enhanced communications through the Q&A feature and superior project management service – all of which help reduce transaction time and expense. Merrill DataSite’s multilingual support staff is available from anywhere in the world, 24/7, and can have your VDR up and running with thousands of pages loaded within 24 hours or less.
With its deep roots in transaction and compliance services, Merrill Corporation has a cultural, organisation-wide discipline in the management and processing of confidential content. Merrill DataSite is the first VDR provider to understand customer and industry needs by earning an ISO/IEC 27001:2005 certificate of registration – the highest standard for information security – and is currently the world’s only VDR certified for operations in the Europe, United States and Asia.
As the leading provider of VDR solutions, Merrill DataSite has empowered more than two million unique visitors to perform electronic due diligence on thousands of transactions totalling trillions of dollars in asset value. Merrill DataSite VDR solution has become an essential tool in an efficient and legally defensible process for completing multiple types of financial transactions.
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