With the backdrop of this week’s stock market volatility, decision makers will naturally be taking a cautious approach to deal activity.

Exits still need to take place and some listed companies may attract buyers or activists following stock price declines. Though not at last year’s levels, there is a healthy pipeline of M&A that is already in the works.

In the US, the technology buyout trend continues. Mark Andress writes that there is strong appetite for dealmaking in the home collaboration software in the US despite workers returning to the office. Rachel Stone dug in to the sale process that led to Computer Services’ deal with Centerbridge and Bridgepoint.

Mexico-City based clinical research company Cohortias’ CEO spoke to Jessica Bigio on expansion plans to become more attractive to acquirors.

In Europe, Kezia Joseph, Gustav Højmark-Jensen, and Georgina Barnard wrote that German Chemicals company Evonik is planning to sell its C4 unit in 1Q 2023.

Finnish powersport company Duell’s CEO told Auri Aittokallio it is looking through a list of potential acquisition targets.

In Asia, Jane He and Manu Rajput wrote that healthcare service providers’ deals in Asia Pacific are attracting more acquirors including big tech companies.

On the events side, you can watch our Mergermarket M&A Japan forum live here from 9am JST tomorrow. It’s not too late to register for our second Mergermarket Chicago M&A forum, scheduled for Tuesday 20 September.

I hope you enjoy this week’s briefing, and would love to hear your feedback, deal tips and suggestions.

Lucinda Guthrie

Executive Editor, Mergermarket

Lucinda.Guthrie@iongroup.com

News & analysis

Back to work: Collaboration software M&A still active despite market pullback
DATA INSIGHT AMERICAS
As more Americans return to the office and pandemic fears recede, the technology aimed at making remote and hybrid work possible has never been more in demand...

Computer Services drew private equity, strategic interest in sale process – CEO
NEWS ANALYSIS AMERICAS
Computer Services [OTCCQX:CSVI] decided to evaluate strategic options, including a sale or an uplisting to the Nasdaq, after a board meeting in fall 2021...

Cohortias plans to expand to Peru as it prepares for a sale - CEO
INTERVIEW AMERICAS
Cohortias, a Mexico City-based clinical research company, plans to venture into Peru next year as it seeks to expand its geographical footprint in Latin America to become...

Evonik plans 1Q23 launch of C4 sale, Deutsche Bank mandated – sources
BREAKING NEWS EMEA
Evonik [ETR: EVK], a listed German chemicals company, will put its performance intermediaries unit C4 on the market in 1Q23 in a process led by Deutsche Bank…

Duell actively pursues European acquisitions to support growth ambitions – CEO
INTERVIEW EMEA
Duell [HEL:DUELL], a Finnish powersport equipment wholesaler, is working through a list of potential targets across Europe and could make acquisitions “in the near future”…

Health cheques: big tech joins global giants driving up APAC medical deal sizes
DATA INSIGHT APAC
As Asia-Pacific (APAC) slowly recovers from its pandemic malady, the region’s healthcare service providers are treating themselves to larger-ticket deals…

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