The pace of middle-market M&A picked up in August, according to the most recent readings of Mergers & Acquisitions’ M&A Conditions Index (MACI). The composite score for the MACI was 53.2, up from 51.8 in July.

August was the third consecutive month to exhibit expansion, adding evidence of a rebound from the slow first half of the year. The scores for new transaction leads and signed letters of intent were high, indicating the earliest stages of dealmaking are seeing a lot of activity. 

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