Optimistic that deal making will increase this year, Union Square Advisors, a technology-focused investment bank, has released its 2024 Outlook Report, The Logjam Begins to Break.
Reflecting on a volatile 2023, the firm notes that factors like the banking crisis, high inflation, rising interest rates, elevated commodity prices and geopolitical issues significantly affected deal activity. However, in the second half of 2023, there was a meaningful increase in the number of technology companies making the decision to raise capital or pursue a strategic transaction.
“We view the recent gradual improvement of deal activity as a positive sign,” said Carter McClelland, chairman and co-founder of Union Square Advisors. “We've seen the