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A wide variety of factors helping M&A industry rebound nicely

Published in the Rochester Business Journal - Oct. 8, 2021; Written by: Velvet Spicer

If it seems as though every month you’re read-ing about a new local merger or acquisition, you’re not wrong. The M&A industry has rebounded nicely since the slowdown that occurred at the start of the pandemic.

“This was a black swan event that had no end point until this disease was under control. We imagined that our business would slow down and it did slow down,” said Russell D’Alba, founder, president and managing director of Paramax Corp., an investment bank with offices in Buffalo and Rochester. “If I go back to 2020, we closed one deal in January and one in February, and starting in March we had no closings until I think August.”

 

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