William Blair managing director and head of DACH investment banking Dirk Felsmann was quoted in Mergermarket discussing M&A activity, bid-ask spreads, and large-cap investing across that region.
“Some private equity funds end up in exit logjam, where they need to deliver exits to return capital to investors and subsequently begin fundraising again, but don’t have assets mature enough to deliver the target valuations and attractive returns,” Felsmann said.