Continued strength in global equity markets, the return of large, non-distressed deals and continued distressed M&A activity has led to a 10% increase in global deal activity this quarter over the second quarter of 2009, according to the latest results of the IntraLinks Deal Flow Indicator. Deal activity increased across all regions of the world, with Europe, the Middle East, and Africa (EMEA) and Asia Pacific (APAC) seeing the largest increases quarter to quarter.
J. Andrew Damico, president and CEO of IntraLinks notes that the uptick in deal activity builds on the 10% increase IntraLinks observed last quarter, and is a strong indicator of continued market stabilization. “The heightened increases were reflected in not one but multiple industries including technology, life sciences, industrial/manufacturing and energy in thepast quarter,” says Damico.
According to IntraLinks, third quarter improvements can be attributed to continued strength in global equity markets, the return of large, non-distressed deals and continued distressed M&A activity as companies executed on plans to deleverage.