In Law360, Kate Withers Comments on Crypto M&A Strategies
In a Law360 article, private equity partner Kate Withers discussed cryptocurrency sector mergers & acquisitions strategy as market sentiment has dampened.
Kate explains that the economic and regulatory issues have led to a more cautious environment for investors, longer diligence processes, and M&A deal structures that protect investors from carryover liabilities and risk.
She notes that as the cost of borrowing increases, investors looking to acquire businesses are seeking those that are cash-flow positive or likely to generate cash flow in the future.