Oct 7, 2024, 8:30 AM
Oct 7, 2024, 8:30 AM

Majority of Canadian CEOs Plan Acquisitions by 2027

Highlights
  • A KPMG survey shows that 90% of Canadian CEOs are considering acquisitions in the next three years.
  • The current economic conditions, including interest rate cuts, are revitalizing the M&A market.
  • The findings suggest a growing reliance on M&A and private capital as key growth strategies for Canadian businesses.
Story

In Canada, a recent KPMG survey revealed that a significant majority of CEOs are contemplating acquisitions within the next three years, with 90% of large organization leaders and 73% of small and medium-sized businesses (SMBs) expressing interest. The survey highlighted that 41% of CEOs anticipate making acquisitions that will greatly impact their operations, while 49% expect moderate impacts. The current economic climate, characterized by interest rate cuts and lower inflation, is fostering confidence in the M&A market, suggesting that 2025 could see a surge in deal-making activity. Additionally, SMBs are increasingly looking to private capital as a growth strategy, with 77% of respondents favoring long-term investors who can provide patient capital. The integration of generative AI is also seen as a potential value booster for businesses, with 81% of SMBs believing it could enhance their attractiveness to buyers. As companies navigate the complexities of M&A, they are advised to leverage data analytics and engage third-party advisors to maximize value from potential deals. The findings underscore a shift in growth strategies among Canadian businesses, emphasizing the importance of M&A and private capital in the current economic landscape.

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