The mergers and acquisitions (M&A) market will experience a growth surge this year, according to a study from KPMG and Fortune Knowledge Group.
The research found over a third of US executives said they will initiate four to six M&A deals this year.
A conclusive 91 per cent of senior executives said they will set in motion one or more deals in 2016, compared to 81 per cent last year.
Entering into new lines of business and expanding customer base and geographic reach were the most commonly cited reasons for initiating acquisitions.
Compared to last year, the number of respondents who said they either wouldn’t or were unsure of launching an M&A deal during 2016 had dropped by half to nine per cent.
