M&A activity continues to grow; a busy quarter for agri-deals; EBITDA multiples continue their upward trend

NZX takeovers continue at pace, EBITDA multiples continue upward, and a return to NZ ownership

Environment, Social and Governance (ESG) is now sitting as one of the top four priorities for Treasurers around the globe, with Europe leading the way. Nearly all industries are coming under increased scrutiny from customers, suppliers, funders, investors, and regulatory bodies. Organisations need to recognise sustainability issues

The team at Bancorp Group have put together some insights into the Treasury and Debt markets of Australasia as we head into Q2 of 2023. We also announce a new strategic partnership and share a new investment that has been added to the Castlerock portfolio.

As business models shift because of COVID-19, there is a strong sense that innovations which have become mainstream because of the pandemic will reshape consumer and organisational behaviour for many more years to come.

Organisations are focusing on putting cash to work in order to reduce their cost of debt, minimise bank fees and increase revenue. Our analysts observe that businesses with a consistent focus on cash are less prone to severe cost cutting measures.