Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year.
KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and the rest came from private equity groups.
“Through this report, we hope to present the market with a broader view of the underlying factors that drive the decision-making of dealmakers in these sectors,” Managing Director Bob Kipps said.
Managing Director Kevin DeSanto added that buyers and investors continue to see M&A efforts as business growth drivers.