Federal M&A Trends

Wolf Den Associates has published its always informative Practitioner Perspectives for December 2018. Focused on the growing M&A market in federal contracting. Highlights include:

• The federal M&A market has reached a fever pitch over the past 12 months, with valua- tions at record highs and deal volume up
• Valuations are propped up by the highest fed- eral spending in a decade and receding LPTA emphasis that relieve some pricing pressures
• Federal contractors command a premium because they are non-correlated to wage inflation, bad debt, and other late-cycle risks