Corporate M&A partner,
David Fitzgibbon shared his unique insights with The Lawyer
magazine on current M&A activity in Ireland and the landscape
into outlook for 2021 in light of Brexit and the current COVID-19
pandemic.
Below are some questions posed to him and his interesting
insights in response:
Q: What is driving activity in Ireland right
now?
A: Deal activity is primarily being driven by
well-capitalised international corporate buyers and private equity
(PE) sponsors (or PE-backed portfolio companies undertaking bolt-on
transactions). In fact, the number of PE transactions
undertaken in the first half of 2020 represented the highest
half-yearly volume in Ireland in the past seven years. The
continued push for digitalisation across various industries is also
driving activity. We would expect this trend to continue over
the second half of the year and beyond. We would also expect
the number of corporate carve-outs and distressed deals to increase
as
