Aldrich Capital Middle Market M&A Update–Second Quarter 2023

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By: Brian Andreosky, CEPA

During the second quarter of 2023, the M&A market remained active, though it faced some challenges due to economic uncertainties and increasing interest rates. These factors led to fewer deals and overall lower price levels for acquisitions. However, plenty of capital was still available, keeping the market alive and kicking—even if the volume of deals was somewhat reduced.