Mid-market dealmakers polled in December reported a slight increase in M&A activity from the previous month, as shown in Mergers & Acquisitions' Mid-Market M&A Conditions Index (MACI).
The MACI is a new barometer of transaction activity created by Mergers & Acquisitions and sponsored by PwC. The MACI is a diffusion index. Readings above 50 indicate an expansion in M&A activity and readings below 50 indicate a contraction. A reading of 50 indicates there was no change month-to-month. The further from 50 a reading is, the stronger the indicated change.