Pittsburgh Deal Activity: Founder-owned companies propel optimism in 2024 M&A market

In 2023, various factors posed challenges to the mergers and acquisitions (M&A) market. Rising inflationary pressures increased borrowing costs and complicated valuation, influencing strategic decision-making and regulatory scrutiny. Additionally, escalating interest rates and overall macroeconomic uncertainty prompted many dealmakers to abstain from engaging in transactions, especially when compared to record years following the COVID-19 pandemic. […]