2014-11-06 Software Investments To Continue In Uneven Market

M&A transactions will likely show more growth in Q4, says Peter Ognibene, the firm’s managing director. “We are in a frothy M&A market right now, particularly in software and tech, so we can expect to see big deals and numbers continue to trend up,” he told IBD. Increasing VC fund dollars also drives M&A activity, Ognibene says. “More capital chasing the same number of deals drives up the value, which creates more sellers, which creates more volume, which will bring more interest,” he said. “It’s a virtuous circle.”