Lincoln International expects a positive result for 2010 after a successful first half-year
In the first six months of 2010, Lincoln International in Germany has already successfully completed 12 transactions – including 10 sell-side mandates. Furthermore, 10 of the closed transactions are cross border. Lincoln International has retained its market-leading position in the league tables of merger market and Thomson Financial thanks to the number of completed M&A deals.
For 2010 we expect a continuing positive business trend. Our Frankfurt office, with nearly 40 employees, is currently working on more than two dozen sell-side mandates. As a result of this strong backlog, Lincoln International in Germany has hired eight M&A bankers, including three Managing Directors, since the beginning of the year. With our new office in Amsterdam, which opened in March 2010 and covers the Benelux countries, we anticipate additional momentum for our business.
In autumn 2010 we will face a noticeable recovery of M&A activities within the German mid-cap sector. Based on strong 2010 figures, many company owners who are keen to sell will embark on structured divestiture processes within the next couple of months. Consequently, we anticipate a strong increase in deal announcements in the first half-year of 2011. This forecast corresponds with what we hear in our numerous discussions with our corporate clients and from the private equity industry.
The Board of Directors
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions and valuations on a wide range of transaction sizes. With 10 offices in Asia, Europe and North America Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.linconinternational.com.