Kai Grass

2 weeks ago | bain.com | Dale Stafford |Kai Grass |David Harding |Suzanne Kumar

The tariffs announced on April 2, 2025, marked the end of the beginning for a new economic world order. The effect on dealmaking has been swift, with strategic M&A dropping by 39% in April. Now, as companies wrestle with the immediate and long-term impacts on strategy and the rising risk of recession, those that thrive will rapidly retool for a world in which the free movement of goods, capital, IP, and people cannot be taken for granted.

Feb 4, 2025 | bain.com | Dale Stafford |Kai Grass |David Harding |Suzanne Kumar

This article is part of Bain's 2025 M&A Report. After three years of underwhelming M&A activity, 2025 may finally be the year that the M&A market breaks through. During that slow time, the best companies persisted, learning how to navigate unfavorable market realities to deliver inorganic growth. For many, there wasn’t an option. Foundational shifts in technology, sector profit pools, and the broader global economy demanded a strategic response.

Mar 13, 2024 | 4hoteliers.com | David Harding |Dale Stafford |Kai Grass |Suzanne Kumar

Many of the assets that didn’t come to market in the down year of 2023 will fuel active dealmaking in 2024. Corporates will sell assets that do not fit with their strategy, and private equity will sell aging portfolio companies. We expect more scale deals for consolidation before seeing a return to scope-oriented capability investing to drive growth. As competition intensifies, conviction and speed will be necessary to win deals and make them succeed. This article is part of Bain's 2024 M&A Report.

Jan 30, 2024 | bain.com | David Harding |Dale Stafford |Kai Grass |Suzanne Kumar

This article is part of Bain's 2024 M&A Report. History shows that downturns, market lulls, and times of disruption always produce newer, stronger competitors that used the mayhem to make market gains. The M&A downturn of 2023 will likely be no exception, but it is not too late to act. We expect to see more deals get done in 2024—if for no other reason than there are a lot of assets that should trade.