Elizabeth Leigh
A new KPMG International report has found a rising trend in global mergers and acquisitions driven by the increase in M&A deals among high-growth market acquirers and targets for two semesters in a row from December 2013 to December 2014.
KPMG said Tuesday the High Growth Markets International Acquisition Tracker found an 11 percent increase in the number of M&A transactions between acquiring firms in developed markets and HGM targets and a nine percent rise in HGM to developed market deals in the second half of 2014.
“The signs of a sustained return to growth in global HGM M&A transactions are very positive… [and] a strong picture all round, after so many semesters of falling volumes,â€Â said Claudio Ramos, global head of high growth markets and deal advisory at KPMG International.
Singapore, Canada and Europe are top target markets for acquirers involved in H2D transactions, according to the report.
“We will see an increasing connectivity between developed and high growth markets through M&A to acquire client bases or know-how,†said Leif Zierz, global head of deal advisory at KPMG International.
Meanwhile, China saw a 31 percent increase in H2D acquisitions, while Brazil posted two H2D transactions throughout 2014, the report showed.
