UK is Second Most Desirable Location for M&A Investment Globally

LONDON, UK-The UK is the second most preferred place for M&A investment globally, behind the US, according to EY’s Global Capital Confidence Barometer released today.

The UK was named in the biannual survey of more than 2,900 C-suite executives, ahead of Germany (in third), China (fourth) and Canada (fifth).

Steve Ivermee, Managing Partner for Transaction Advisory Services at EY in the UK & Ireland, commented: “Despite ongoing geopolitical uncertainty, including Brexit and global trade tensions, business leaders continue to focus on M&A activity, with the UK remaining a top destination to do deals.

“Company executives are particularly looking to invest in technology and talent through acquisition, to support growth, which is fuelling deal making. At the same time, they are using M&A as a means to reshape their portfolios and futureproof their businesses.”

The EY Barometer found that most of the global respondents (54%) are not expecting an economic downturn. This compares to 62% in the UK and 80% in Germany who do expect a downturn, despite the deal market in both countries remaining buoyant this year.

Steve Ivermee added: “Notably, our research found that purpose and social impact are increasingly on the minds of business leaders, who are thinking more about the way they report success to investors. 84% of companies were found to have, or plan to have, social value reporting metrics in place for next year. Creating long-term value beneficial to all stakeholder groups is becoming non-negotiable.