WWD News: Baird Insight on Retail Sector in 2018
Baird Investment Banker Maria Watts, who leads the retail investment banking group, was recently featured in WWD explaining why she expects 2018 to be a good year for retail M&A activity. In the commentary, “2018 Versus 2017: Same Old, Same Old,” Watts notes several observations:
“Things are coming to market faster. Private equity firms are holding things for shorter time periods. If the business is doing well, that is helping to boost multiples now. The thinking is that selling now is better so they don’t risk experiencing lower multiples in a couple of years,” the banker said.
Subscribers can read the full article on WWD.com.