"Frothy" Economy Seen Driving Maine M&A Activity in 2022
Preti Flaherty attorney Jason Howe is quoted in a Mainebiz article on the energetic state of Maine's economy, driven by the steady growth of mergers and acquisitions deals. Jason discusses what trends he sees continuing for companies throughout 2022.
"With the economy being as frothy as it is right now, companies are trying to figure out whether to buy or do something else with their capital," said Jason Howe, a Portland-based partner in Preti Flaherty's business and real estate practice groups. For companies thinking of buying, he recommends doing so sooner rather than later, given financial market volatility. "If they wait much longer, then it will be harder to get appraisals and go through the due diligence process."