Will settling interest rates in the US and the UK provide renewed M&A activity with Kevin Donoghue 

With the Bank of England’s recent lowering of interest rates, and the settling of rates in the US, M&A activity across the Atlantic is likely to amplify.
In this episode, we are thrilled to be speaking with Kevin Donoghue, Managing Director of Mystic Capital Advisors, about the stabilisation of the M&A environment and the various opportunities that are likely to emerge as a result. He notes that there is a significant appetite from American firms in London-based MGAs and Lloyds brokers.
Similarly, several Lloyds brokers are looking to acquire program administrators in the US to expand their beachhead. Kevin suggests that there is also a very encouraging increase in interest from the EU into UK firms, and vice versa, and between the EU and the US. He attributes these renewed acquisitions dialogues to events such as the recent MGAA Conference, facilitating cross-border conversations.
The upcoming US presidential election is also set to stimulate M&A activity, irrespective of which party ultimately reigns victorious. The Democrats’ proposed raise in capital gains rates, and the Republicans’ elimination of taxes on tips and on social security payments, would both lead to considerable and dramatic business activity in the London market. Thus, whatever the outcome, new opportunities in the UK will emerge.