M&A Activity Gone Cold From COVID?
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The impact of COVID-19 on M&A activity
Until recently, M&A bankers were like cooks in the kitchen cooking up hotter and hotter deals. With recent deals like Visa buying Plaid, Intuit buying Credit Karma, and Lending Club buying Radius Bank, many anticipated a banner year of deals that would be a prime force to reshape the industry. But COVID-19 forced the cooks out of the kitchen and cooled down formerly red hot valuations. Now, as we are socially distancing, we are looking at the earlier deals, and project what the kitchen will be like the rest of the year.
Guests: Ryan Falvey, Partner, Financial Ventures Studio
Tyler Griffin, Partner, Financial Ventures Studio
Hosts: Sanjib Kalita, Editor-in-Chief, Money 20/20
Rachel Morrissey, Content Producer, Money 20/20 USA
Producers: Roland Bodenham, Senior Video Producer, Ascential
Rachel Morrissey, Content Producer, Money 20/20 USA