Foley Attorneys Discuss M&A Activity Going Into 2023

Foley & Lardner LLP Partners Louis Lehot and Brandee Diamond and Associate Eric Chow are quoted in the Yahoo Finance article, “A $40 billion Merger Monday shows M&A appetite increasing after brutal 2022,” discussing the promising signs of life in the market after a difficult year.

“While the higher cost of taking on debt does make acquisitions more challenging, remember that private equity firms have an unprecedented amount of dry powder in their reserves,” the attorneys wrote in a recent blog. Firms may use different capital structures to work around higher rates, and “the combination of these factors has the potential to bolster activity next year.”