Where has all the M&A gone?

Working in transaction services within the Big 4 comes with its own unique set of challenges, some good some not so good. One of the pluses for working at a large MNC is that you can enjoy a greater degree of job security in a down market. Everyone knows that mergers and acquisitions have slowed in 2008 as skittish investors have decided to wait on the sidelines until signs show that the worst of the credit crisis are past us. I know that and you know that. Then you read this.


I don't think anyone would've guessed that IPO's have raised $282M in 2008 vs. $10.3B in 2007, and that there have been 0 in Q2.