Industry Insights: Global Packaging – Fall 2021
2021 has witnessed remarkable rebounds for the economy generally, the transaction market overall, and specifically for the Packaging Transaction Market. The economy rebounded particularly well through mid-year 2021, with the US GDP growing over 6% in each of Q1 and Q2 and defying the rise of the delta variant, inflationary pressures, supply chain disruptions, and a disconnect between labor demand and willing workers. This success was mirrored in the deal-making marketplace, particularly among financial sponsors (Private Equity), which drove volumes that will surpass 2019's former annual record [i]. Acquirers are riding the high economy, a very favorable lending environment, and sellers seeking to avoid a potential increase in tax rates in 2022.
Mezzo was previously known as Mazzone & Associates.