Horizons Spring/Summer 2021

Additional Resources

Reserve lowered the fed funds rate to 0.00% - 0.25%. At the beginning of April 2021, the rate has not yet increased. Though lenders have experienced defaults from COVID, their portfolios must be ‘rebalanced’ to make up for these losses through additional lending. If lenders can borrow on such a discount, the opportunity cost of not lending is too high. Conclusion The above mentioned tailwinds could set the stage for one of the most feverish M&A markets to be experienced in the last 50 years. Though uncertainty lingers (e.g., pace of the COVID-19 vaccination), the strong factors driving the future M&A environment will outweigh the concerns.

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These unprecedented times will drive investors to deploy capital at an alarming rate fueling the M&A market through 2021.

Any federal tax advice contained in this communication (including any attachments): (i) is intended for your use only; (ii) is based on the accuracy and completeness of the facts you have provided us; and (iii) may not be relied upon to avoid penalties. Readers should not act upon information presented without individual professional consultation.

MERGERS & ACQUISITIONS SERVICES RubinBrown can help successfully navigate the transaction process. From initial thought to critical post-closing and integration activities.

Ben Barnes, CPA, CGMA Partner-In-Charge Mergers & Acquisitions Services 314.678.3531 ben.barnes@rubinbrown.com

Jeff Sackman, CPA, CM&AA, CGMA Partner Mergers & Acquisitions Services 314.290.3406 jeff.sackman@rubinbrown.com

www.RubinBrown.com

Fall/Winter 2020

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