CLEVELAND and CHICAGO, Nov. 10, 2014 /PRNewswire/ -- Despite signs of improved economic conditions, market participants express reserved optimism about the economy and investing, according to Inside the Middle Market released by Brown Gibbons Lang & Company (BGL) www.bglco.com.
The BGL report, now available online, documents clear positive investor activity – merger and acquisitions are in growth mode; corporate buyers are back in the game; lending appears strong; deals, albeit smaller, show increased interest and competition.
"It is a pretty dynamic market. There is a record amount of private equity capital waiting to be deployed, and corporate buyers are back in the market and very active," said Brent Burgess, the chief investment officer at Triangle Capital, one of 33 firms that participated in the report.
Inside the Middle Market reports both the optimism and the skepticism of industry experts. Capital providers say trends in the financing markets mirror those observed in 2007, raising concerns that we may be reaching a peak in the cycle.
"I don't think the inflow of capital will change. I don't anticipate a material spike in defaults because the economy seems to be improving," said Preston Walsh at PNC Mezzanine Capital. "We are keeping a close eye on inflation, interest rates, and the state of the economy—whether we actually have some sustainable growth."
BGL publishes several Insider reports annually. The middle market investment banking firm based in Cleveland and Chicago releases reports on a variety of industries including automotive; consumer products; building products and construction materials; energy and environmental services; healthcare and life sciences; industrials; metals; and plastics and packaging. Download BGL Insider reports at bglco.com.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Consumer Products & Retail Services, Energy & Environmental Services, Healthcare & Life Sciences, Human Capital Management Outsourcing, Industrials, Metals & Metals Processing, Plastics & Packaging, and Real Estate. BGL has offices in Chicago and Cleveland, and Global M&A partner offices in more than 50 countries across 5 continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. Visit www.bglco.com
Contact: Wendy Neal
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SOURCE Brown Gibbons Lang & Company