Middle-market M&A exhibited modest growth in July for the second consecutive month, according to the most recent readings of Mergers & Acquisitions’ M&A Conditions Index (MACI). The composite score for the MACI was 51.8, about on par with the 52.3 reading in June.

However, the July composite scores of the previous two years were significantly higher, with the month delivering 57.4 in 2015 and 57.6 in 2014, indicating that, while conditions may be improving, challenges remain in closing deals. Indeed, the component that measures completed deals dropped to 45.8, down from 50.6.

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.