At SourceMedia, the B2B publishing company that owns Mergers & Acquisitions, we’ve been conducting our annual strategic planning process. It’s a worthwhile exercise that makes us step back and examine our brand, the market we cover and our forecast for the year ahead. For me, the process coincided with writing the mid-year update that serves as this issue’s cover story.

Both endeavors helped me realize that, the middle market may be at a pivot point this summer, or perhaps a fork in the road. Traffic metaphors keep coming up, as images of road signs, saying “Caution” and “Slow Traffic Ahead,” appear in my imagination.

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