The Fortune Group’s John Hull was recently featured in a St. Louis Business Journal article to discuss the region’s slowdown in M&A activity during 2020 amid the pandemic and his expectation as to when the market will rebound.
“We see the buyers that were active before the outbreak of the pandemic are back in the market — many of which are aggressively pursuing deals,” Hull said. “So, unless or until the new president and Congress enact changes to the tax laws that increase the rate on capital gains — or impose additional tax burdens on private equity — there is a widespread expectation that M&A activity in 2021 will bounce back to pre-Covid levels. We believe the same will be true for the St. Louis region.”
Read the full article at St. Louis Business Journal site, or download the PDF.