Grant Thornton - M & A Roundtable Recap - May 29th
Technorati Tags: Business Development
I was fortunate enough to attend the M&A Roundtable sponsored by Grant Thornton LLP. It was a very well attended session with high level industry executives attending.
While there was a lot of good information shared, one interesting trend I learned about was the increased interest in foreign companies looking to acquire US based Defense firms. As you can probably guess this makes a lot of sense, given the devaluation of the US Dollar . This economic factor is making this acquisitions more easily attainable. For companies located within NATO based companies this is a great way to drive collaboration across the defense industry and this teaming is welcomed by our US Government.
This slide taken from Richard Knop, Sr Managing Director of BB&T's International Investment practice remarks shows that overall the M&A market remains strong for the government contracting technology firms and cites New Entrants as one of several factors driving growth in acquisitions.