My bookmarks

Pins are saved using cookies. Deleting them from your browser will delete your preferences.


Small Caps, Big Deals

06 April 2017

Growth, synergy, scale and diversification are among the reasons why many large companies engage in mergers and acquisitions. Smaller companies are frequently their targets.


  • M&A activity continues to be robust. 2017 will likely bring more transformational deals as 75% of U.S. executives plan to complete a deal in the next 12 months, according to EY’s U.S. Capital Confidence Barometer survey. This is the highest percentage recorded in the 15 times the survey has been conducted.
  • Anticipated future interest rate rises could impact deal financing. However, the stock market is at a near high and stock is a common payment option. Additionally, if corporate cash outside the U.S. is allowed to be repatriated at more favorable rates, it could contribute to momentum for M&A.
  • As such, investors may want to consider exposure to small-cap companies.

> Download Alger On the Money, A view on the U.S. Market

La Française Group provides access to the expertise of a number of asset management companies around the world. To provide you with the most relevant information, we have developed an interface to present the full range of products available for your investor profile and country of residence.

Present yourself


Your country of residence

Your language

Your profile

By continuing browsing on this website, you accept the use of cookies and other tracing devices s as to allow you to receive information suited to your profile, facilitate information sharing on social networks, guarantee the best browsing experience possible and to create statistics. To find out more, we invite you to consult our Privacy and Cookies policy. Find out more.