Current Crisis Causes “Sudden and Dramatic” Slowdown in M&A Activity

Dear Client: 2020 started off as "incredibly active" on the M&A front, according to M&A advisory firm Zepponi & Company. But the pandemic and subsequent containment measures caused a "sudden and dramatic" slowdown across all bev alc categories. Since mid-March "projects that were being brought to the market have largely been put on hold, many (if not most) sale processes have been paused, and the limited amount of ongoing deal activity is restricted to transactions that were already under contract and in