Will The Late Summer M&A Rebound Continue Into Fall?

The lazy days of summer seem to be behind us as merger and acquisition (M&A) activity is getting a jump start. A recent article in the Wall Street Journal cites late July/early August as having "the highest-volume week for mergers and acquisitions for U.S. companies since 2021, according to LSEG." This is an unexpected, but welcome boom in a typically a slow time of year. Anecdotally, I can share that as a practicing lawyer in the Silicon Valley these past 6 weeks, like many of my colleagues, it seems like every time I look up, another 30 emails have refilled my inbox, and it's a race to keep up.

This flurry of activity is due to the cloud of uncertainty starting to clear. In addition to the economy remaining relatively stable and keeping a recession at bay, there is also hope that the Fed could lower interest rates in September, and some trade deals are moving forward. This is all coupled with the fact that deals are actually going through in this administration