Dealmakers polled in March reported the highest level of early-stage deal flow that they’ve seen in six months, based on the composite score of 60.1 in the Mid-Market M&A Conditions Index (MACI), a barometer created by Mergers & Acquisitions and published in partnership with PwC.

Factors that had the largest impact included Leads, with a reading of 79.7, and Signed Letters (of Engagement and Intent), with a reading of 75.8. Another encouraging sign is that Completed Deals rose to 58.1, up from 47.9 the previous month, indicating that the momentum may be moving further into the deal-flow cycle. These indicators are in keeping with the optimism dealmakers have expressed about 2014 in many of our recent surveys and interviews.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.