三月 23, 2020

Local Spotlight: M&A Innovation in Poland

By Suzy Bibko, EMEA Content Marketing Manager, Datasite

When we caught up with M&A practitioners at our M&A Innovation Breakfast in Warsaw in late February, we learned that they are very much on board with how technology can help them. They are ready to embrace it and keep up with the trends to stay relevant and competitive.

Positives for Poland
The European Commission has estimated that Poland’s real GDP growth rate is expected to be the best among emerging European countries, forecast at 3.3% for both 2020 and 2021— well above the 2.7% average there. And the latest edition of Deal Drivers EMEA FY2019 predicts the CEE to have three ‘hot’ sectors going forward: TMT, industrials & chemicals, and consumer. So, it’s no surprise that M&A practitioners in Poland are optimistic about the outlook for M&A in the region: a whopping 61% felt the outlook was positive going forward.

Success Via Deal Sourcing
M&A practitioners feel that sourcing deals is by far the most important success factor for M&A in the region. So, even though Poland is the largest market in the emerging Europe region, it does not mean that deals there are guaranteed, and practitioners perhaps feel they must work hard to bring the deals in.

Technology Can Be Transformative
So, how can technology help them best for deal success? Polish M&A practitioners believe that due diligence in the area where it could best help them, and that data analytics, AI and machine learning could offer the most transformative impact.

Maciej Olszewski, Counsel, Wolf Theiss, says: “The legal industry stands on the verge of a profound technological transformation. Within the next 5-10 years machine learning and data analytics tools will not only help to reduce the burden of M&A due diligence but together with blockchain technology may also facilitate the way we prepare, negotiate and execute contracts.”

Piotr Dalak, Associate Partner, JP Weber agrees: “We support the decision makers in a very comprehensive way and already are using tools like virtual data rooms that allow us to work in a more time efficient and effective way, processing big sets of data much quicker than few years ago. So, definitely, thanks to new disruptive technologies the data crunching process will be shortened, thus speeding up the M&A process, freeing up resources and lowering the costs. And, in my opinion the change will be mainly about making the advisors’ life easier.”

Keeping Up With Digital Trends
As Polish M&A pracitioners rate themselves are having a low level of digital sophistication, accepting and adapting to these new technologies will take on even more importance going forward. “M&A lawyers will need to keep up with these trends and with changing client expectations to stay relevant and competitive in the market,” says Olszewski.

“It’s fantastic to hear that Polish M&A practitioners value how technology is transforming their practices,” says Markus Schiller, Head of DACH, CEE & CIS, Datasite. “Our DatasiteOne Diligence and Marketing tools make the process much more efficient, secure and error-free, providing material advantages to M&A professionals and their clients. We’re thrilled that Poland is embracing our innovative approach and is keen for more.”

准备好开始了吗?

您可能还喜欢:

专家聚焦:中国交易趋势 - 上半年IPO市场回顾

在 7 月 15 日举办的一场网络研讨会上,交易撮合人士表示,随着中国收紧针对开曼群岛注册中资企业的海外上市审查,香港的 IPO 市场有望在经历了 2021 年二季度的较疲软阶段后, 于未来6至12个月迎来反弹。由 Datasite、Dealogic(本出版物的姊妹公司)和凸版美林联合举办的“中国交易趋势”网络研讨会重点回顾了今年上半年的香港 IPO 市场,并探讨了未来6至12个月中存在的潜在机遇和挑战。

Chinese City Skyline
市场聚焦:未来几个月,香港IPO有望走出第二季度颓势

今年上半年,仅亚洲地区,IPO交易总额就达854亿美元,较去年同期增长一倍以上。正是在这种背景下,我们的市场专家小组7月就香港IPO市场举行了网络研讨会

Chinese City Skyline
专家观察:大中华区并购交易态势

在今年3月由Datasite和Mergermarket主办的网络研讨会上,行业专家们表示,多个因素促成了后疫情时代的中国并购市场态势,且预计今年将继续促进并购交易增长。这些驱动因素包括中国政府提出双循环发展战略,跨国企业实施资产剥离,低成本融资,以及借壳SPAC上市潮等。

City Skyline