— Eric McCrath, Co-Chair, Morrison & Foerster's Corporate Department
The Tech M&A Leaders’ Survey is a joint effort by Morrison & Foerster and 451 Research to take the temperature of company executives, corporate development officers, lawyers, bankers, and other dealmakers focused on the technology sector. The mission of this annual survey is to dig into pertinent M&A-related issues with thought leaders and to spark a healthy dialogue about their topics of interest.
According to our December 2020 survey, two-thirds (66%) of respondents anticipate an increase in M&A activity for the companies they advise in the next 12 months, with only 6% expecting a decrease. By contrast, in our previous survey in November 2019, 40% of respondents predicted an increase.
As noted in the press release, the survey also highlights the immediate and long-lasting impacts of the COVID-19 pandemic on dealmaking, with 53% of respondents reporting delays in due diligence during the pandemic, and 66% anticipating that the post-COVID era will include a greater mix of virtual meetings in the negotiating process.
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