Orlando's big M&A deals of 2023, and what to expect in 2024
Six companies — most of them publicly traded — found desirable assets in Central Florida businesses this year, and the transactions that followed became some of the most notable acquisitions of 2023 so far. Covering the gamut from robotics to restaurants, many of the acquired companies have continued operating in their original locations.
In recognizing these acquisitions as among the most substantial, Orlando Inno acknowledges that the terms of many other deals were undisclosed because the parties involved are private. Disclosure is only required when a publicly traded company is in the mix.
CEO Dena Jalbert of Winter Park-based Align Business Advisory Services — who did not advise on these deals, but is one of the region’s top M&A advisors and an OBJ 2023 Power Player — had this to say in anticipation of 2024’s M&A trends: “An abundance of cash available from private investors will keep deal volumes strong overall. While 2023 was down from 2020-2022 levels, it still surpasses all other years in recent history.”
