Pacific Northwest Market Update
M&A MARKET UPDATE | QUARTER 1 - 2021
Alexander Hutton is pleased to present the latest edition of our Pacific Northwest Market Update, as the economy continues to spring back to life with the most recent COVID-19 vaccine rollout and strong positive trends are surfacing! If you didn't catch the last edition, our quarterly report provides data and insights on: transaction counts and trends by industry as well as by state in the PNW region, region specific completed transactions, how the Pacific Northwest compares to the rest of the U.S., and more!
The Pacific Northwest M&A market began the new year notching a record high in transaction completions, the most in the past seven quarters. Despite experiencing a reduction in overall transaction value, deals continue to get done. Local businesses are no strangers to adversity and amid the COVID-19 pandemic, have continued to adapt and innovate in order to mitigate the fallout. For those businesses that have Covid “head-winds”, M&A activity remains subdued. For those businesses with Covid “tail-winds” many alternatives can be explored.
“The very strong recovery in deal volume which characterized the latter part of 2020 has continued strongly into 2021. We anticipate this momentum to continue through the year.”
SCOTT HARDMAN, MANAGING DIRECTOR
Anyone having an interest in the buying or selling of companies in our region should find this both interesting and helpful, particularly as the market responds to the latest updates regarding the COVID-19 pandemic and with new federal tax implementations on the horizon. We are grateful to be able to provide these insights on what is happening in the M&A market both locally as well as nationwide.
To read the full version of the Pacific Northwest Market Update, click the link below!
M&A ADVISORY | MERGERS & ACQUISITIONS | M&A SEATTLE