Welcome to Outlook & Strategies for 2008. Here you’ll find analyses of key information and technology sectors by our Managing Directors, whose insightful recaps of the year just ended, and forecasts for the year ahead, are invaluable in your strategic and financial planning.

While each of these market sectors has distinct characteristics, there is one overarching theme that pertains to all six of the industry segments we cover: the climate for middlemarket mergers and acquisitions is strong and likely to remain strong well into 2008. Despite reports of tighter credit and continuing volatility in equity markets, the M&A environment for mid-sized information and technology companies continues to be favorable.

In fact, in the second half of 2007 we closed more transactions, at consistently high valuations, than in any comparable period in our 25-year history. If you would like a printed version of this report, or would like to discuss its contents with any of our senior investment bankers, please give us a call or or send us an email. In the meantime, please accept our very best wishes for a healthy, prosperous 2008.