三月 23, 2020

Local Spotlight: M&A Innovation in Portugal

By Suzy Bibko, EMEA Content Marketing Manager, Datasite

At our M&A Breakfast in Lisbon in late February 2020, we asked local M&A practitioners about how they felt about the state of the market in the region, as well as how technology could best help them going forward. What did they say? That they clearly understand where innovation can add value in the process.

Steady On
The Iberian region made up just 6.2% of deal value in EMEA in 2019, and 7.7% of the total deal count, but Portugal re-elected its Prime Minister in October and Spain finally formed a government in January. What does this mean going forward for M&A in the region? Practitioners seems to be leaning towards the side of caution rather than optimism, as over half of those we surveyed (52%) felt M&A would hold its course for the year.

It’s the Source, Of Course
Perhaps the stable outlook provides some insight into the fact that Portuguese practitioners feel that the most important success factor for M&A there is deal sourcing: if the deals can’t be sourced, it’s difficult to have a positive outlook. Interestingly, this factor held much less importance for practitioners in Johannesburg, which also has endured a prolonged period of political and economic uncertainty.

Tech’s Impact
That being said, Portuguese practitioners felt that technology could best help them in deal prep and due diligence – not strategy and sourcing. So, they clearly understand where value can be added, and also perhaps understand the limits of technology.

Surprisingly Low M&A Digital Maturity 
We also asked our audience about how they used technology, for what purpose and at what level. While they acknowledged that they were not very digitally mature or technologically sophisticated, they seemed keenly aware of where it could benefit them the most and through what means.

The Tip of the Tech Iceberg
Portuguese practitioners there felt it was AI and machine learning, as well as data analytics that will have the most impact on M&A going forward, although in opposite proportions than for dealmakers in Dubai and Johannesburg.

Ines Costa Moura, Head of Legal Corporate M&A, Sonae Capital, explains: “I believe that technology has already created tools that are essential in M&A processes and with AI and machine learning entering in the game, that role will assume a definitive importance both in terms of agility and in terms of accuracy.”

“These technologies are increasingly important in M&A, as they have proven to be a real asset in the deal process,” says Alvaro Ortega, Head of Iberia & Italy, Datasite. “AI and machine learning are helping reduce the time and resource costs associated with M&A transactions, helping close deals faster. Our tools, like integrated redaction, Q&A threading and visual analytics have proven to save time, reduce errors and improve security, thereby accelerating the whole M&A due diligence process. It’s great to see that Portuguese practitioners understand the value these innovations can bring to the table for them.”

And going forward? “We are yet to discover a limit as to where technology can take us, so looking forward – and, in my opinion, right now we only see the tip of the iceberg that technology in M&A represents and I, for one, am looking forward to what the (near) future holds and, of course, to partake in the process,” says Costa Moura.

准备好开始了吗?

您可能还喜欢:

市场焦点:如何为亚太地区的世界经济体赋能

在新冠肺炎大流行之后,中国(再次)坚定地巩固了自己作为推动世界进步的主要动力的地位。随着中国经济的不断成熟,中国的能源市场在未来几年将如何发展,不仅对中国自身,而且对整个亚太地区都至关重要。

市场焦点:大中华区的交易趋势

此次网络研讨会中,我们的专家组成员盘点了香港和中国大陆的并购活动,并探讨了今年接下来的前景。 此外,还讨论了2021年第一季度的并购活动和见解,以及哪些行业和子行业将提供最多的机会。 阅读这篇市场焦点博客文章,了解更多信息。

生命科学公司3个最有效的VDR使用技巧

每年有全球1400多笔医疗保健交易在Datasite平台上完成,每月有13,000多名行业交易者使用。基于这些经验,Datasite三种独有的功能帮助您安全高效地交易。