{"id":16834,"date":"2024-02-21T12:26:25","date_gmt":"2024-02-21T11:26:25","guid":{"rendered":"https:\/\/bm-a.de\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/"},"modified":"2024-02-21T12:26:25","modified_gmt":"2024-02-21T11:26:25","slug":"new-bma-climate-monitor-for-the-ma-market-cautious-optimism","status":"publish","type":"post","link":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/","title":{"rendered":"New BM&A climate monitor for the M&A market: cautious optimism"},"content":{"rendered":"

Takeover sentiment rises slightly. Price expectations slow down transactions. Succession is the biggest driver of sales. <\/em><\/p>\n

<\/em><\/p>\n

Munich, February 2024. <\/strong>The Bundesverband Mergers & Acquisitions gem. e.V. (BM&A) is now publishing a regular survey of takeover activity in Germany. In recent years, the German economy has experienced a number of setbacks, which have also affected the takeover market. Between discrepancies in value and price expectations, a decline in large-cap transactions and a general reluctance to invest, the market lost momentum. Will this trend continue in 2024 or will the market stabilize again? The BM&A’s new Climate Monitor examines this question. In collaboration with the University of Bristol, it surveyed a total of 300 association members for the first time. <\/p>\n

Germany’s economic development lags behind the European average<\/strong><\/p>\n

In the first round, 88 participating companies gave their forecast for the M&A year 2024. Despite ongoing difficulties, this was cautiously optimistic: The majority expect valuations to increase. The respondents are concerned about the economic situation: “Only 25% of the study participants see a positive economic development in Germany. In contrast, most of them see the development in Europe or globally as positive,” says BM&A CEO Jan P\u00f6rschmann. Nevertheless, around 70 percent of those surveyed are currently looking at acquisitions. The main reasons for this are to strengthen their market position, acquire know-how in new areas and gain access to previously unexplored sectors and technologies. Sales mainly take place in those companies that are looking for a solution for succession planning. <\/p>\n

High interest rates slow down transaction plans<\/strong><\/p>\n

There is uncertainty in the small-cap segment, while the development of micro-transactions is seen as stable to positive. Mid- and large-cap deals remain at an uncertain stage. Both the number and volume of deals fell sharply last year. The latter is primarily due to the high interest rate level, which makes large transactions unattractive. The CEO adds: “In general, the persistent discrepancy in purchase prices is proving to be the biggest challenge, even in 2024.” On the one hand, there are sellers who are still clinging to valuations from the pre-coronavirus era, while on the other, prospective buyers fear the high prices. It is expected that the expectations will converge in the coming months, meaning that more deals will be concluded again. <\/p>\n

Sentiment: No stability yet despite cautious optimism<\/strong><\/p>\n

P\u00f6rschmann summarizes: “The figures will pick up, but there is still no stability that we will return to the 2021 level.” The association wants to find out whether the mood will really improve in the coming months by conducting further surveys. Every quarter, members are asked to submit an assessment of the market situation and share their experiences. The association collects the results in the regularly published M&A Climate Monitor. <\/p>\n

Detailed information on the evaluation here: M&A Climate 01\/2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Takeover sentiment rises slightly. Price expectations slow down transactions. Succession is the biggest driver of sales. Munich, February 2024. The Bundesverband Mergers & Acquisitions gem. e.V. (BM&A) is now publishing a regular survey of takeover activity in Germany. In recent years, the German economy has experienced a number of setbacks, which have also affected the […]<\/p>\n","protected":false},"author":459,"featured_media":15951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nicht-kategorisiert"],"acf":[],"yoast_head":"\nNew BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)\" \/>\n<meta property=\"og:description\" content=\"Takeover sentiment rises slightly. Price expectations slow down transactions. Succession is the biggest driver of sales. Munich, February 2024. The Bundesverband Mergers & Acquisitions gem. e.V. (BM&A) is now publishing a regular survey of takeover activity in Germany. In recent years, the German economy has experienced a number of setbacks, which have also affected the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\" \/>\n<meta property=\"og:site_name\" content=\"Bundesverband Mergers & Acquisitions gem. e.V. (BMA)\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-21T11:26:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"728\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Marie Friedl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marie Friedl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\"},\"author\":{\"name\":\"Marie Friedl\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/person\/d696e77a609f6f733b87a132b52e39bf\"},\"headline\":\"New BM&A climate monitor for the M&A market: cautious optimism\",\"datePublished\":\"2024-02-21T11:26:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\"},\"wordCount\":483,\"publisher\":{\"@id\":\"https:\/\/bm-a.de\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp\",\"articleSection\":[\"Nicht kategorisiert\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\",\"url\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\",\"name\":\"New BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)\",\"isPartOf\":{\"@id\":\"https:\/\/bm-a.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp\",\"datePublished\":\"2024-02-21T11:26:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage\",\"url\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp\",\"contentUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp\",\"width\":2048,\"height\":728,\"caption\":\"Barometer\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/bm-a.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New BM&A climate monitor for the M&A market: cautious optimism\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bm-a.de\/en\/#website\",\"url\":\"https:\/\/bm-a.de\/en\/\",\"name\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/bm-a.de\/en\/#organization\"},\"alternateName\":\"BM&A\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bm-a.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bm-a.de\/en\/#organization\",\"name\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\",\"alternateName\":\"BM&A\",\"url\":\"https:\/\/bm-a.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp\",\"contentUrl\":\"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp\",\"width\":1525,\"height\":675,\"caption\":\"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)\"},\"image\":{\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/bma-ev\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/bm-a.de\/en\/#\/schema\/person\/d696e77a609f6f733b87a132b52e39bf\",\"name\":\"Marie Friedl\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/","og_locale":"en_US","og_type":"article","og_title":"New BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)","og_description":"Takeover sentiment rises slightly. Price expectations slow down transactions. Succession is the biggest driver of sales. Munich, February 2024. The Bundesverband Mergers & Acquisitions gem. e.V. (BM&A) is now publishing a regular survey of takeover activity in Germany. In recent years, the German economy has experienced a number of setbacks, which have also affected the […]","og_url":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/","og_site_name":"Bundesverband Mergers & Acquisitions gem. e.V. (BMA)","article_published_time":"2024-02-21T11:26:25+00:00","og_image":[{"width":2048,"height":728,"url":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp","type":"image\/webp"}],"author":"Marie Friedl","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marie Friedl","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#article","isPartOf":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/"},"author":{"name":"Marie Friedl","@id":"https:\/\/bm-a.de\/en\/#\/schema\/person\/d696e77a609f6f733b87a132b52e39bf"},"headline":"New BM&A climate monitor for the M&A market: cautious optimism","datePublished":"2024-02-21T11:26:25+00:00","mainEntityOfPage":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/"},"wordCount":483,"publisher":{"@id":"https:\/\/bm-a.de\/en\/#organization"},"image":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage"},"thumbnailUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp","articleSection":["Nicht kategorisiert"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/","url":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/","name":"New BM&A climate monitor for the M&A market: cautious optimism - Bundesverband Mergers & Acquisitions gem. e.V. (BMA)","isPartOf":{"@id":"https:\/\/bm-a.de\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage"},"image":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage"},"thumbnailUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp","datePublished":"2024-02-21T11:26:25+00:00","breadcrumb":{"@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#primaryimage","url":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp","contentUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/02\/AdobeStock_661721765-scaled-1.webp","width":2048,"height":728,"caption":"Barometer"},{"@type":"BreadcrumbList","@id":"https:\/\/bm-a.de\/en\/2024\/02\/new-bma-climate-monitor-for-the-ma-market-cautious-optimism\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/bm-a.de\/en\/"},{"@type":"ListItem","position":2,"name":"New BM&A climate monitor for the M&A market: cautious optimism"}]},{"@type":"WebSite","@id":"https:\/\/bm-a.de\/en\/#website","url":"https:\/\/bm-a.de\/en\/","name":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)","description":"","publisher":{"@id":"https:\/\/bm-a.de\/en\/#organization"},"alternateName":"BM&A","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bm-a.de\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bm-a.de\/en\/#organization","name":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)","alternateName":"BM&A","url":"https:\/\/bm-a.de\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/","url":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp","contentUrl":"https:\/\/bm-a.de\/wp-content\/uploads\/2024\/12\/1019_BMA_Logo_black.webp","width":1525,"height":675,"caption":"Bundesverband Mergers & Acquisitions gem. e.V. (BM&A)"},"image":{"@id":"https:\/\/bm-a.de\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/bma-ev\/"]},{"@type":"Person","@id":"https:\/\/bm-a.de\/en\/#\/schema\/person\/d696e77a609f6f733b87a132b52e39bf","name":"Marie Friedl"}]}},"_links":{"self":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts\/16834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/users\/459"}],"replies":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/comments?post=16834"}],"version-history":[{"count":0,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/posts\/16834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/media\/15951"}],"wp:attachment":[{"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/media?parent=16834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/categories?post=16834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm-a.de\/en\/wp-json\/wp\/v2\/tags?post=16834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}