Mergers and Acquisitions in the Time of Coronavirus
Deals are still happening, but PPP loans and lockdowns pose complications
Deals are ongoing, but negotiations can get complicated.
Illustration: Dianna McDougall
Key Insights:
- A squeeze on ad spend and delayed payments are forcing some companies to sell.
- PPP lenders likely decide if the loan needs to be repaid in connection with a transaction.
There were 351 mergers and acquisitions in the ad-tech space last year–nearly one deal a day. Emerging platforms and changing regulations meant there was no sign of a slowdown in 2020.
