Insights

Louis Lehot Discusses M&A Forecasts for 2023

Foley & Lardner LLP Partner Louis Lehot is quoted in the Of Counsel article “What’s Hot in 2023: Projection of Emerging and/or Growing Practices and Trends,” discussing M&A forecasts for 2023.

“One area where there could be a spike in 2023 is mergers among private tech companies,” Lehot said. “This could be particularly true for those startups that had to alter their IPO plans. These companies are likely exploring alternative exit strategies and decreased valuations and will make mergers in this space more attractive.”

Lehot added that the fintech industry could experience a hike in M&A activity this year as well. “This has been an area that has seen steep drops in valuations and a roller coaster [in 2022]. These factors could make it a prime area for mergers and some large transactions,” he explained.

AUTHOR(S):
POSTED:

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome.