The Bay State's $100B Buyout Boom: Mary-Laura Greely Quoted in Boston Business Journal
According to the finance software firm Dealogic, there were more more than 400 completed and pending mergers and acquisitions targeting Massachusetts-based companies through mid-November of 2015. According to the Boston Business Journal, that’s the “highest combined deal value on record.”
Fueling this boom might be cheap credit and an improving economy, both locally and nationally, while an “increasingly onerous tax and regulatory climate” has compelled many U.S. companies to seek foreign buyers in locations that have more favorable tax environments. Others may see this economic upswing as not only temporary, but peaked … and the downtimes are on their way.
Mary-Laura Greely, a partner in Pierce Atwood’s Business Practice Group, notes that “the stars are really aligning here,” referring to the cash-flush buyers, the competitive private equity space, and low interest rates.
The entire article appeared in the November 27, 2015 edition of Boston Business Journal.