After a Second Consecutive Year of Low M&A Activity, 2024 May Bring Buying Opportunities for Non-Bank Institutions
James Jackson from The Alta Group explores the equipment finance M&A market for 2023 and provides an outlook for the year ahead. With banks sitting on the sidelines for the second year in a row, acquisition opportunities abound for non-bank institutions.
As I predicted in this space last year, M&A activity in 2023 had its share of challenges with a limited number of transactions taking place. The economic environment that created a dismal M&A market for equipment finance companies in 2022 carried into and throughout 2023, providing a second consecutive year of low activity.