The COVID-19 outbreak is now easing out in the Europe but the economic uncertainty continues and there isn’t any clue about when the situation might get better. Several industries were impacted during the pandemic outbreak all over the world and the level of impact varies from one industry to another. Eventually, there is a global economic downturn as there isn’t much business happening except for specific industries such as healthcare, fintech, etc.
Impact of COVID-19 in tech M&A in 2020
Likewise, during the crisis, tech mergers and acquisitions (M&A) is unlikely to surpass the milestone set last year in terms of deal volume. However, a report by PwC suggests that the deal activity will not come to a grinding halt but in 2020 is unlikely to top the 2019 peak in terms of deal volume in the M&A market in the Netherlands and Belgium.