Giles Dunning returns to PA with a bi-monthly series of articles on M&A in the advice sector. Here he explains why merger activity is poised for a resurgence in 2021 as business owners realise it makes sense to act now rather than later
As the UK experiences rising numbers of Covid-19 cases, a raft of new restrictions and with local lockdowns in force, many running an IFA business have pressed the pause button. Rather than undertake core strategic changes, the emphasis for many has been to batten down the hatches, keep business operating and manage risks as best they can. But for those thinking about selling or buying, this cannot continue indefinitely - and in fact, now could be the best time to go ahead and make the deal. This is because we may see further dents in business confidence as unemployment rises and pro...
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