Russia & CIS M&A

14 February 2022

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Mergermarket and ALRUD are pleased to present Russia & CIS M&A. This survey charts the opportunities and challenges that lie ahead in the M&A markets of Russia and the CIS.
 
Highlights include:
 
  • Dealmaking expected to accelerate. 85% of respondents in our survey anticipate an increase in the pace of M&A activity in the region during 2022; that includes 30% who expect deal volumes to increase by more than 10%. As well as a rise in acquisitions, 71% believe divestments are also set to grow, with 78% predicting an increase in the number of capital-raising exercises, and 56% pointing to more IPOs.
  • Deal drivers and challenges. Consolidation (23%), digitalisation (18%) and the appetite of PE firms to pursue buyout opportunities (15%) are cited as the most important M&A drivers for 2022. Meanwhile, international sanctions (21%) and protectionism (16%) are identified as key challenges to completing transactions in the region.
  • Tech charge. In terms of M&A volume in 2021, technology, media and telecoms (TMT) has been the highest-performing industry in Russia, with 32 deals pulling in US$2.8bn. It is, therefore, unsurprising that 53% of dealmakers pick out the sector as the one that will see most activity in the post-COVID period.