Milbank LLP Project, Energy and Infrastructure Finance partner Allan Marks was featured on M&A Science’s podcast, where he explained the factors that affect and contribute to the volatility of the M&A market. The M&A Science podcast, hosted by DealRoom CEO Kison Patel, analyzes the M&A marketplace with the help of industry leaders and practitioners.
Mr. Marks discussed how business cycles impact M&A valuations, common mistakes during the M&A valuation process such as insufficient diligence and overconfidence, and how to avoid cultural blind spots when companies are trying to merge. He noted, “Being less blind to a deal’s downsides helps not just in having confidence in what you're buying, but in having appropriate confidence, so your valuation has a greater chance of being accurate.”
Listen to the full podcast episode here.