M&A Looking Up for Middle Market in 2014

In an optimistic prediction from Reuters, middle market M&A activity should carry lots of opportunities throughout 2014.  The positive outlook comes after a combination of more certainty with respect to Fed tapering and fewer concerns about government stalemates.  The prediction also relies heavily on the observation that companies previously focused on cost savings have begun to shift their attention to strategic growth opportunities.  This transition is taking place at a time when there is a large amount of capital in the pockets of both debt and equity investors.  At the same time, demand for floating-rate credit assets is at record levels.