Exit activity took a significant hit over the course of 2022, dropping to a multi-year low by the end of Q4’22. IPO activity in the US remained stalled as the public markets continued to weather the storm of high inflation, rising interest rates, and macroeconomic uncertainty and the valuations of many late stage companies faced continued downward pressure. M&A activity remained far more subdued than predicted last quarter, likely driven by investors holding back to see if valuations drop further and companies undertaking significant cost-cutting activities in order to avoid running out of cash and being forced to sell under less-than-optimal conditions.
Join KPMG Private Enterprise for our Semiannual IPO and M&A Outlook webcast where professionals from Goldman Sachs and KPMG will examine the activities and trends that shaped the U.S. IPO and M&A landscape in 2022 and share their insights on what’s in store for IPOs, M&A, and venture investment in the new year.
Why attend? To gain fresh perspectives on:
- The 2023 economic outlook
- The state of the IPO and M&A market and outlook for 2023
- U.S. venture capital activity in 2022 and anticipated trends for the new year.