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Global M&A Trends Report

Jamaica

(Latin America/Caribbean) Firm Myers, Fletcher & Gordon

Contributors Simone Bowie Jones

Updated 30 Jan 2024
With respect to private M&A, what are three things on top of mind for M&A practitioners in your jurisdiction?

Three things top of mind for private M&A practitioners in Jamaica are: 

  • General: economic environment
  • General: political environment
  • Legal/general: transaction structuring

Local Government elections are due and will be followed by the General Elections which must be staged by 2025. A change in Government often has a direct impact on the economy. Also, clients will often either accelerate or delay transactions due to political considerations.

With respect to private M&A, where does your jurisdiction see most deal activity?

Most private M&A deal activity is categorized as mid-market. 

With respect to private M&A, what sector sees the most deal activity in your jurisdiction?

Most private M&A deal activity is seen in the Manufacturing sector. 

What are your predictions for private M&A deal volume in your jurisdiction during 2024?

Private M&A deal volume in 2024 is predicted to be greater than 2023 deal activity, based on the activity within the firm since the start of the year and given that the activity in 2023 was lower/less than we predicted. 

With respect to public M&A, what are three things on top of mind for M&A practitioners in your jurisdiction?

Three things top of mind for public M&A practitioners in Jamaica are: 

  • General: economic environment
  • General: political environment
  • Legal/general: transaction structuring

Local Government elections are due and will be followed by the General Elections which must be staged by 2025. A change in Government often has a direct impact on the economy. Also, clients will often either accelerate or delay transactions due to political considerations.

With respect to public M&A, where does your jurisdiction see most deal activity?

Most public M&A deal activity is categorized as mid-market. 

With respect to public M&A, what sector sees the most deal activity in your jurisdiction?

Most public M&A deal activity is seen in the Manufacturing sector. 

What are your predictions for public M&A deal volume in your jurisdiction during 2024?

Public M&A deal volume in 2024 is predicted to be greater than 2023 deal activity as we belive the prolonged decline of the local stock market, and accompanying share values will result in greater M&A activity.

Please share any other insights with respect to M&A in your jurisdiction:

We believe 2024 will be a year of significant M&A activity.

Global M&A Trends Report

Jamaica

(Latin America/Caribbean) Firm Myers, Fletcher & Gordon

Contributors Simone Bowie Jones

Updated 30 Jan 2024