Benefits for

Last Friday someone wished me a Happy New Year.  To me it feels more like Happy Old Year. The first  month has virtually passed and everything  continues as it was the last 6 months. Inflation has  risen in Germany to highest level (5.3%) since 1993  (5.8%) and corporate transactions are at all time high.  Will it continue? Instead of creating a wave of  insolvencies (my expectation in 2020 –  I am a bad prophet)  Corona has lead to pretty much the opposite.  Most businesses (in Germany) in our monitoring had a  bumper year. What does this mean for corporate  acquisitions in Germany?  Inflation generally impacts negatively on valuation  of companies. Some of these effects can already be  seen on German stock exchange, which dropped  by about 10% this month until Thursday (recovered  a bit meanwhile). My personal observation from  speaking to many German companies is that almost  everyone has either increased or plans to  increase prices. Most complain about shortage  of labor. I think inflation is going to last for next  5 years at significantly higher levels than in  the past 10 years. Let me know what you think  about price increases in your company and 

Today, I had an interesting conversation with an MD of a large German electronics group. He said, one of the biggest challenges in the last

I hope you started well into the year and I wish you, your family and your team a healthy, prosperous and happy year 2021! After

In Germany, international M&A / finance transactions among SMEs have decreased by around 80%. This was the result of our evaluation of approx. 3000 international

As you know FaMAS screens hundreds of transaction per year and communicates with thousands of M&A professionals. Corona impacted in many ways how M&A and

The last weeks I had a fair number of conversations with Private equity investors and target companies in Germany.  Many argued almost the same to